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HICL Infrastructure Executes Share Buyback Program

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An update from HICL Infra Co Shs GBP ( (GB:HICL) ) is now available.

HICL Infrastructure PLC has executed a share buyback program, purchasing 350,000 of its ordinary shares at an average price of 110.07 pence per share. This transaction, conducted through Investec Bank plc, results in HICL holding 46,066,815 shares in treasury, with the total number of voting rights remaining at 1,985,421,246. This strategic move is part of HICL’s efforts to manage its capital structure and potentially enhance shareholder value.

More about HICL Infra Co Shs GBP

HICL Infrastructure PLC operates in the infrastructure investment sector, focusing on acquiring and managing infrastructure projects primarily in the UK and Europe. The company provides investors with a diversified portfolio of infrastructure assets, aiming to deliver long-term, stable returns.

YTD Price Performance: -5.68%

Average Trading Volume: 4,663,355

Technical Sentiment Consensus Rating: Buy

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

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