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Brookfield Infrastructure Partners LP BIP

Alternate Symbol(s):  T.BIP.PR.A | T.BIP.PR.B | T.BIP.UN | T.BIP.PR.E | T.BIP.PR.F | BRIPF | BIP.PR.B

Brookfield Infrastructure Partners L.P. is a global infrastructure company. The Company owns and operates in the utilities, transport, midstream and data sectors across the Americas, Asia Pacific and Europe. The Company’s segments include Utilities, Transport, Midstream, Data and Corporate. The Utilities segment consists of regulated transmission (natural gas and electricity) and commercial and residential distribution (electricity, natural gas, and water connections) operations. The Transport segment comprises infrastructure assets that provide transportation, storage and handling services for merchandise goods, commodities, and passengers. The Midstream segment comprises systems that provide natural gas transmission, gathering and processing, and storage services. The Data segment comprises critical infrastructure servicing customers in the telecommunications, fiber, and data storage sectors. It is also a data center provider.


NYSE:BIP - Post by User

Comment by whodathunkiton Nov 30, 2016 1:57pm
88 Views
Post# 25535315

RE:Room For A Class Action Lawsuite ?

RE:Room For A Class Action Lawsuite ?As the news release says, pretty much like all share buyback releases, over the course of the next year if the price drops below what Management thinks is a fair price for the shares, they are authorized to go out and buy back the shares.  Nothing fraudulent about that and nothing fraudulent about announcing a share issue a month later.  They still have the option of buying back shares over the next 12 months should the price drop below Management's assumed value.

Cheers.
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