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Global GP LLC, the General Partner of GLOBAL PARTNERS LP (NASDAQ:GLP), a $1.68 billion market cap energy distribution company, has recently purchased shares worth approximately $382,720. The purchases were made in two transactions. According to InvestingPro data, GLP has maintained consistent dividend payments for 20 consecutive years, currently offering a 6.09% yield.
On September 19, 2025, Global GP LLC bought 5,000 common units at a weighted average price of $49.63, in a range from $49.25 to $50.01. Following this, on September 22, 2025, the entity acquired an additional 2,723 common units at a weighted average price of $49.42, with prices ranging from $49.09 to $49.70. InvestingPro analysis indicates the stock trades with relatively low price volatility and is currently trading slightly above its Fair Value.
After these transactions, Global GP LLC directly owns 157,224 common units of Global Partners LP . These purchases are to satisfy obligations pursuant to awards previously granted to directors and officers under the Global Partners LP Long-Term Incentive Plan. Discover more insights about GLP’s financial health and growth potential with InvestingPro, which offers 6 additional key tips and a comprehensive Pro Research Report.
In other recent news, Global Partners LP reported its second-quarter 2025 earnings, displaying a mixed performance. The company achieved an earnings per share (EPS) of $0.55, surpassing analyst projections of $0.42. However, this was overshadowed by a revenue shortfall, with the company generating $4.63 billion compared to the anticipated $6.01 billion. This revenue miss was partly due to weaker performance in the Gasoline Distribution and Station Operations (GDSO) division and increased operating expenses.
Despite the challenges, the company’s wholesale segment performed better than expected. Stifel has maintained its Hold rating on Global Partners and reiterated a price target of $53.00 following these results. These recent developments highlight the mixed outcomes across different business segments for Global Partners.
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