Midstream/MLP Buybacks Rebounded in 1Q24
Summary Six constituents in the broad Alerian Midstream Energy Index (AMNA) spent a combined $1.49 billion on equity repurchases in 1Q24. Aggregate buyback spending among midstream/MLPs in 1Q24 was more than double the amount from 4Q23. Over 84% of constituents in AMNA by weighting currently have a buyback authorization in place. With energy infrastructure companies [...]
The post Midstream/MLP Buybacks Rebounded in 1Q24 appeared first on ETF Trends.
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