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HICL Infra Co Shs GBP ( (GB:HICL) ) has issued an announcement.
HICL Infrastructure PLC has carried out a share buyback, purchasing 150,000 of its ordinary shares at a weighted average price of 121.40 pence per share through Investec Bank. Following this transaction, the company now holds 129,460,581 shares in treasury, with 1,902,027,480 ordinary shares remaining in issue.
The move maintains total voting rights at 1,902,027,480, which shareholders can use as the reference figure for regulatory disclosure thresholds under the FCA’s transparency rules. By retaining the repurchased shares in treasury, HICL preserves flexibility for future capital management, which may support its share price and adjust its capital structure over time.
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 GB:HICL Stock
According to Spark, TipRanks’ AI Analyst, GB: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 GB:HICL stock, click here.
More about HICL Infra Co Shs GBP
HICL Infrastructure PLC is a listed infrastructure investment company focused on owning and managing a diversified portfolio of infrastructure assets. The company provides investors with exposure to long-term, stable cash flows from assets such as public-private partnerships and other essential infrastructure in developed markets, primarily the U.K.
Average Trading Volume: 4,893,554
Technical Sentiment Signal: Strong Buy
Find detailed analytics on HICL stock on TipRanks’ Stock Analysis page.