Inergy, L.P. Buyback
OLI recorded this information on 8/20/2012
Company:
Inergy, L.P.
Buyback:
NRGY buyback
$Amount Authorized:
$100,000,000
Buyback Details:
Inergy, L.P. announced that its Board of Directors has authorized the repurchase of up to $100 million in value of the Partnership's outstanding common units from time to time through March 31, 2013, in open market transactions, including block purchases.
Crestwood Equity Partners is a partnership holding company that owns and operates energy midstream infrastructure and a natural gas liquids (NGL) marketing, supply and logistics business. Co.'s midstream infrastructure business consists of storage and transportation operations, which are conducted primarily through its subsidiary, Inergy Midstream, L.P. (Inergy Midstream). Co.'s NGL marketing, supply and logistics business utilizes its West Coast processing, fractionation and storage operations and other NGL facilities that it owns or controls. In addition, through Inergy Midstream, Co. owns US Salt, LLC, a mining and salt production company, which produces evaporated salt products.
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Buy (2.67 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
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