4Q23 Caps Solid Year for Midstream/MLP Buybacks

Summary Six energy infrastructure companies collectively spent $692 million in buybacks in 4Q23, bringing total buyback spend for the year to approximately $3.7 billion. Over 83% of constituents in the Alerian Midstream Energy Index (AMNA) by weighting currently have equity buyback authorizations in place. Buybacks have remained an important tool for returning cash to investors, [...] The post 4Q23 Caps Solid Year for Midstream/MLP Buybacks appeared first on ETF Trends .