Total Midstream/MLPs Repurchases Top $1 Billion in 2Q24

Summary Five constituents in the broad Alerian Midstream Energy Index (AMNA) spent a combined $1.02 billion on equity repurchases in 2Q24. Over 85% of AMNA by weighting currently have a buyback authorization in place. Aggregate buyback spend of $2.6 billion for AMNA constituents in 1H24 exceeded the 1H23 total of $2.0 billion. Companies have significant [...] The post Total Midstream/MLPs Repurchases Top $1 Billion in 2Q24 appeared first on ETF Trends .