Total Midstream/MLP Redemptions Exceed $1B in T224

Summary Five constituents of the Alerian Midstream Energy Broad Index (AMNA) spent a total of $1.02 billion on share repurchases in 2Q24. More than 85% of AMNA by weight currently has a buyback authorization. Aggregate redemption expenses of $2.6 billion for AMNA constituents in 1H24 exceeded the 1H23 total of $2.0 billion. Companies have significant (…)

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