Partners Group Private Equity Repurchases 100,000 Shares Under Ongoing Buyback Programme

Princess Private Equity Holding ( (GB:PEY) ) has shared an announcement.

Partners Group Private Equity Limited has repurchased 100,000 of its ordinary shares at a weighted average price of EUR 10.50 under its ongoing share buyback programme. Following this transaction, the company holds 662,025 shares in treasury, which carry no voting rights, leaving 68,489,143 shares in issue with voting rights, a figure that will guide shareholders’ regulatory disclosure calculations under UK transparency rules. The move marginally tightens the free float and may be viewed as a capital management measure that could support net asset value per share and signal confidence in the company’s valuation to investors.

The most recent analyst rating on (GB:PEY) stock is a Sell with a EUR10.60 price target. To see the full list of analyst forecasts on Princess Private Equity Holding stock, see the GB:PEY Stock Forecast page.

More about Princess Private Equity Holding

Partners Group Private Equity Limited (PGPE Ltd) is a Guernsey-domiciled investment holding company founded in 1999 that focuses on private equity direct investments. Its portfolio is managed by Partners Group, a global private markets investment manager with over USD 174 billion in assets under management, including USD 83 billion in private equity. Listed on the Main Market of the London Stock Exchange under euro (PEY) and sterling (PEYS) tickers, PGPE Ltd seeks to deliver long-term capital growth and attractive dividend income to its shareholders.

Average Trading Volume: 77,571

Technical Sentiment Signal: Strong Buy

Learn more about PEY stock on TipRanks’ Stock Analysis page.