NB Private Equity Partners Enhances Shareholder Value with Buyback

Author: Addison Perry Updated: 02-06-2025 02:16 AM

NB Private Equity Partners Executes Strategic Share Buyback

In a significant move to enhance shareholder value, NB Private Equity Partners recently revealed the details of its Class A Shares buyback. This action is part of the authority granted by shareholders and aligns with the company’s strategy for maintaining a robust and beneficial portfolio for investors.

Transaction Details on the London Stock Exchange

On this notable occasion, the company carried out its share purchase on the London Stock Exchange. The transaction occurred on February 5, with a total of 14,062 Class A Shares acquired. Notably, the highest price recorded for these shares was £15.52, while the lowest price stood at £15.48. This pricing reflects the market's response and the company’s commitment to share management.

Impact of the Buyback on Share Structure

Following the buyback, all acquired Class A Shares will be canceled, bringing the total number of outstanding shares down to 46,175,149. Additionally, 3,150,408 Class A Shares will remain held in treasury, which are important for future financial maneuvers and investment strategies. Investors and analysts alike will use the revised count of voting rights—46,175,149—as a key figure in determining their interests in the company.

Communication and Investor Relations

For those seeking further information about this significant development, NB Private Equity Partners has made it easy to connect with their investor relations team. Luke Mason is available at +44 20 3214 9002, or you can reach out via email at NBPrivateMarketsIR@nb.com. For media inquiries, Kaso Legg Communications can be contacted at +44 (0)20 3882 6644 as well.

About NB Private Equity Partners Limited

NB Private Equity Partners Limited focuses on making direct investments in private equity alongside leading firms across the globe. Managed by NB Alternatives Advisers LLC, a wholly owned subsidiary of Neuberger Berman Group LLC, the company aims for substantial growth in net asset value while ensuring shareholder returns through regular dividends.

About Neuberger Berman

Founded in 1939, Neuberger Berman operates as an employee-owned independent investment manager. With a workforce exceeding 2,800 spread across 26 countries, the firm manages an impressive portfolio exceeding $500 billion. Recognized for its strong governance practices, Neuberger Berman remains a leader in the investment management sector, dedicated to active management and fundamental research.

Frequently Asked Questions

What prompted NB Private Equity Partners to conduct a share buyback?

The buyback was part of a strategy to enhance shareholder value and manage the shareholder structure efficiently.

How many shares were purchased during the buyback?

A total of 14,062 Class A Shares were bought back on February 5 as part of the transaction.

What will happen to the shares that were bought back?

All acquired Class A Shares will be canceled, thereby reducing the number of outstanding shares.

Who can I contact for more information regarding this transaction?

Luke Mason from NBPE Investor Relations can be contacted at +44 20 3214 9002 or via email.

What is the significance of the adjusted number of voting rights?

The adjusted number of voting rights will be important for shareholders in determining their interests and obligations regarding the company.

About The Author

Hello, I'm 30-year-old financial writer and expert Addison Perry, and I love to simplify the intricacies of the financial industry. I've committed myself over the years to deciphering the subtleties of investing techniques and economic trends and converting them into doable guidance that anybody can use. My goal with writings and books is to make money interesting and approachable so that readers may take charge of their financial futures.

My enthusiasm to empowerment and education has propelled me through my career in finance. I write because I think that everyone should be able to make educated financial decisions, and I try to provide that. Regardless of experience level with investing, my work is intended to provide insightful analysis and practical advice to enable you to thrive in the always changing financial environment. I appreciate you traveling with me toward success and financial literacy.

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