HICL Infrastructure Buys Back 1 Million Shares for Treasury

HICL Infra Co Shs GBP ( (GB:HICL) ) just unveiled an update.

HICL Infrastructure PLC has repurchased 1,000,000 of its ordinary shares at a weighted average price of 122.361 pence per share via Investec Bank plc, with prices ranging between 121.80 pence and 122.80 pence. The company intends to hold these repurchased shares in treasury, reflecting ongoing active capital management.

Following this transaction, HICL now holds 154,860,581 ordinary shares in treasury, leaving 1,876,627,480 shares in issue excluding treasury holdings. The number of voting rights in HICL is therefore set at 1,876,627,480, a key reference figure for shareholders monitoring disclosure thresholds under UK transparency rules.

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 investment company focused on infrastructure assets, primarily holding equity and similar interests in infrastructure projects. The company provides investors with exposure to a diversified portfolio of infrastructure investments, aiming to deliver stable, long-term income and capital growth in the infrastructure sector.

Average Trading Volume: 5,268,221

Technical Sentiment Signal: Strong Buy

See more data about HICL stock on TipRanks’ Stock Analysis page.