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HICL Infrastructure Executes Share Buyback Program

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The latest update is out from HICL Infra Co Shs GBP ( (GB:HICL) ).

HICL Infrastructure PLC, a company engaged in infrastructure investments, has announced a transaction involving its own shares. The company executed a share buyback program, purchasing 250,000 ordinary shares at an average price of 115.3 pence per share through Investec Bank plc. Following this transaction, HICL holds 25,818,534 shares in treasury, reducing the total number of voting rights to 2,005,669,527, excluding treasury shares. This move is part of HICL’s strategic management of its share capital, potentially impacting shareholder calculations under the FCA’s Disclosure and Transparency Rules.

More about HICL Infra Co Shs GBP

YTD Price Performance: -9.25%

Average Trading Volume: 3,683,580

Technical Sentiment Consensus Rating: Buy

For a thorough assessment of HICL stock, go to TipRanks’ Stock Analysis page.

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