Midstream/MLP Buybacks Rebounded in 1Q24
June 04, 2024 at 07:00 AM EDT
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 .
