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HICL Infra Co Shs GBP ( (GB:HICL) ) has provided an announcement.
HICL Infrastructure PLC has continued its share buyback activity, repurchasing 1.5 million ordinary shares at a weighted average price of 118.6561 pence, with the transaction executed through Investec Bank on 26 March 2026. Following this move, the company now holds 134,385,581 shares in treasury, leaving 1,897,102,480 shares in issue and constituting the new base for calculating shareholder voting rights.
The decision to retain the repurchased shares in treasury rather than cancel them immediately gives HICL flexibility for future capital management, including potential reissuance or further buybacks. For investors, the updated voting rights figure clarifies disclosure thresholds under UK market rules, while the continued buyback programme may be interpreted as a signal of confidence in the company’s valuation and long-term strategy.
The most recent analyst rating on (GB:HICL) stock is a Buy with a £132.00 price target. To see the full list of analyst forecasts on HICL Infra Co Shs GBP stock, see the GB:HICL Stock Forecast page.
Spark’s Take on HICL Stock
According to Spark, TipRanks’ AI Analyst, HICL is a Outperform.
The score is driven primarily by solid financial quality (debt-free balance sheet, strong cash generation) but tempered by weaker recent revenue/earnings momentum. Technical indicators are broadly neutral, valuation is supported by a high dividend yield but not clearly discounted on P/E, and recent corporate actions (buybacks and the proposed TRIG merger) add a positive tilt.
To see Spark’s full report on HICL stock, click here.
More about HICL Infra Co Shs GBP
HICL Infrastructure PLC is a UK-listed investment company focused on infrastructure assets, primarily holding equity and similar interests in infrastructure projects. Its portfolio typically spans sectors such as transport, utilities, health, education, and other essential public and social infrastructure, providing investors with long-term, income-driven exposure to the infrastructure market.
Average Trading Volume: 4,933,030
Technical Sentiment Signal: Strong Buy
For detailed information about HICL stock, go to TipRanks’ Stock Analysis page.