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HICL Infrastructure Buys Back 1 Million Shares for Treasury

Story Highlights
  • HICL Infrastructure repurchased 1,000,000 ordinary shares at 122.17 pence each.
  • The company now holds over 140 million treasury shares, with 1.89 billion voting shares outstanding.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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HICL Infra Co Shs GBP ( (GB:HICL) ) has issued an announcement.

HICL Infrastructure PLC has executed a share buyback, repurchasing 1,000,000 ordinary shares at a weighted average price of 122.17 pence per share through Investec Bank. Following this transaction, the company now holds 140,885,581 shares in treasury, leaving 1,890,602,480 shares in issue excluding treasury holdings.

The purchased shares are being retained in treasury, and the total number of voting rights in HICL is confirmed at 1,890,602,480. This updated figure will serve as the reference point for shareholders assessing disclosure obligations under the FCA’s transparency rules, and reflects the ongoing capital management activity undertaken by the company.

The most recent analyst rating on (GB:HICL) stock is a Buy with a £160.00 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 infrastructure investment company focused on owning and managing a diversified portfolio of infrastructure assets. The group typically invests in core infrastructure projects that deliver stable, long-term cash flows, providing income-focused exposure for institutional and retail shareholders in the listed infrastructure sector.

Average Trading Volume: 5,306,428

Technical Sentiment Signal: Strong Buy

Find detailed analytics on HICL stock on TipRanks’ Stock Analysis page.

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