NB Private Equity Partners Announces Share Buyback
Today, NB Private Equity Partners (LSE: NBPE) shared essential updates regarding their recent share buyback initiative. This action, part of a broader strategy, aligns with the authority granted by the shareholders on June 12, 2025.
Details of the Share Transaction
The buyback was executed on the London Stock Exchange and involved the acquisition of 15,000 Class A Shares on September 23, 2025. The highest price paid for these shares was £14.46, while the lowest price was £14.32. Following this purchase, all acquired Class A Shares will be cancelled, reducing the total number of outstanding shares to 45,214,632. Additionally, the company holds 3,150,408 Class A shares in treasury. This update is crucial for market participants to understand as they assess their interests in the company.
Company's Future Direction
NBPE's commitment to shareholder returns through this buyback demonstrates a focus on enhancing shareholder value and managing capital effectively. With a solid strategy in place, NBPE is poised to enhance net asset value over time. The company is not only engaged in buybacks but also actively pursuing investments in promising private equity opportunities worldwide. This multifaceted approach aims to bolster long-term growth and returns for investors.
More About NB Private Equity Partners
NB Private Equity Partners operates under the management of NB Alternatives Advisers LLC, an affiliate of Neuberger Berman Group LLC. This relationship enables NBPE to source and manage investments efficiently, ensuring their strategies align with market-leading private equity firms globally. Notably, the firm operates with no management fees or carried interest payable to third-party general partners, which enhances fee efficiency for shareholders.
Investment Philosophy
NBPE emphasizes capital appreciation, focusing on growth in net asset value while also distributing bi-annual dividends. This approach not only highlights their ambition for financial growth but also reflects their commitment to providing returns to shareholders.
Contact Information for Inquiries
For any further information, parties can reach out to NBPE Investor Relations at +44 20 3214 9002. Additionally, stakeholder inquiries can be directed to the email address: NBPrivateMarketsIR@nb.com. Alternate contacts include Kaso Legg Communications at +44 (0)20 3882 6644 to assist in addressing any further inquiries regarding the company and its strategies.
Frequently Asked Questions
What prompted the share buyback by NBPE?
The share buyback was initiated as part of the strategy approved by shareholders, aimed at enhancing shareholder value and demonstrating financial strength.
How many shares were bought back during this transaction?
NBPE bought back a total of 15,000 Class A Shares in this recent transaction.
What is the total number of outstanding shares following the buyback?
After the cancellation of the bought back shares, the outstanding Class A Shares will be 45,214,632.
Who manages NB Private Equity Partners?
NB Private Equity Partners is managed by NB Alternatives Advisers LLC, which is an indirect subsidiary of Neuberger Berman Group LLC.
What is NBPE's investment strategy?
NBPE aims to achieve capital appreciation over time with a focus on direct private equity investments and pays bi-annual dividends to its investors.
