NB Private Equity Partners Boosts Shareholder Value with Share Repurchases
Wesley ParkFriday, Jan 31, 2025 2:07 am ET

NB Private Equity Partners (NBPE) has announced a transaction in its own shares, repurchasing 9,237 Class A Shares on 29 January 2025. This move aligns with the company's long-term investment strategy and objectives, aiming to enhance shareholder value and capital appreciation. The repurchased shares will be cancelled, reducing the number of outstanding shares to 46,219,875, with an additional 3,150,408 Class A shares held in treasury.

The share buyback program, managed by Jefferies International Limited, is an attractive use of NBPE's capital in the current market environment. By repurchasing shares at a discount, the company increases the value of each remaining share, benefiting shareholders through capital appreciation. This strategy is immediately accretive to net asset value (NAV), further enhancing shareholder value.
The board's decision to extend the share buyback program was influenced by favorable market conditions, capital allocation considerations, and a desire to maximize shareholder value. By repurchasing shares when they are undervalued, the company can improve earnings per share (EPS) and potentially boost the share price, benefiting long-term shareholders.
The appointment of Jefferies International Limited as the manager of the share buyback program contributes to NBPE's overall investment strategy and risk management. Jefferies brings expertise and experience in managing share buyback programs, ensuring efficient and effective execution while maintaining the company's independence in decision-making. This collaboration allows NBPE to diversify its investment strategies and improve capital allocation.
In conclusion, NB Private Equity Partners' transaction in its own shares is a strategic move that aligns with the company's long-term investment objectives. By repurchasing shares at a discount, NBPE enhances shareholder value, improves capital allocation, and mitigates risks associated with market volatility. The appointment of Jefferies International Limited as the manager of the share buyback program further strengthens NBPE's investment strategy and risk management, contributing to the company's overall success.
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