International Public Partnerships Limited ( (GB:INPP) ) has issued an update.
International Public Partnerships Limited announced the purchase of 150,000 ordinary shares at an average price of 121.0 GBp on the London Stock Exchange, intending to hold them in treasury. This transaction reflects the company’s strategic approach to managing its equity structure, potentially indicating confidence in its market position and financial health, which may reassure stakeholders of its commitment to long-term growth.
More about International Public Partnerships Limited
International Public Partnerships Limited (INPP) is a listed infrastructure investment company focused on investing in global public infrastructure projects and businesses that meet societal and environmental needs. The company’s portfolio includes over 140 projects across various sectors such as utility and transmission, transport, education, health, justice, and digital infrastructure, with a geographical presence in the UK, Europe, Australia, New Zealand, and North America. INPP aims to provide shareholders with long-term yield and capital growth, with investment management handled by Amber Fund Management Limited.
YTD Price Performance: -5.78%
Average Trading Volume: 3,217,428
Technical Sentiment Consensus Rating: Buy
For detailed information about INPP stock, go to TipRanks’ Stock Analysis page.