Financial News

MLP/Midstream Buybacks Slow but Steady in 1Q23

Eight constituents in the broad Alerian Midstream Energy Index (AMNA) spent a combined $780 million on equity repurchases in 1Q23. Aggregate buybacks declined sequentially as companies with an opportunistic approach were less active, and some stayed on the sidelines altogether. Almost 76% of constituents in the Alerian Midstream Energy Index (AMNA) by weighting currently have [...] The post MLP/Midstream Buybacks Slow but Steady in 1Q23 appeared first on ETF Trends .
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