Midstream/MLP 4Q Buybacks Add to Robust 2024
Summary Six constituents in the broad Alerian Midstream Energy Index (AMNA) spent a combined $740 million on equity repurchases in 4Q24, bringing aggregate 2024 buybacks in the midstream/MLP space to $3.76 billion. Over 85% of AMNA by weighting currently have a buyback authorization in place. Looking to 2025, midstream companies will continue to weigh buybacks [...] The post Midstream/MLP 4Q Buybacks Add to Robust 2024 appeared first on ETF Trends.
Summary Six constituents in the broad Alerian Midstream Energy Index (AMNA) spent a combined $740 million on equity repurchases in 4Q24, bringing aggregate 2024 buybacks in the midstream/MLP space to $3.76 billion. Over 85% of AMNA by weighting currently have a buyback authorization in place. Looking to 2025, midstream companies will continue to weigh buybacks [...]
The post Midstream/MLP 4Q Buybacks Add to Robust 2024 appeared first on ETF Trends.
