HICL Infra Co Shs GBP ( (GB:HICL) ) has provided an announcement.
HICL Infrastructure PLC has executed a share buyback program, purchasing 600,000 of its ordinary shares at a weighted average price of 109.33 pence per share. This transaction, conducted through Investec Bank plc, is part of a broader strategy to manage the company’s capital structure effectively. The shares will be held in treasury, impacting the total number of voting rights and potentially influencing shareholder interest calculations under regulatory rules.
More about HICL Infra Co Shs GBP
HICL Infrastructure PLC operates in the infrastructure investment sector, focusing on acquiring and managing infrastructure assets. The company primarily invests in public-private partnership projects and infrastructure businesses, providing essential services and facilities across various sectors.
YTD Price Performance: -6.02%
Average Trading Volume: 4,642,266
Technical Sentiment Consensus Rating: Buy
Learn more about HICL stock on TipRanks’ Stock Analysis page.