4Q22 Caps a Strong Year for Midstream/MLP Buybacks
March 07, 2023 at 08:00 AM EST
Summary Ten energy infrastructure companies collectively spent over $1.4 billion on buybacks in 4Q22, bringing the total buyback spend for the year to approximately $4.5 billion. Over 76% of constituents in the Alerian Midstream Energy Index (AMNA) by weighting currently have equity buyback authorizations in place. Buybacks remain an important tool for returning cash to [...] The post 4Q22 Caps a Strong Year for Midstream/MLP Buybacks appeared first on ETF Trends .
