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HICL Infrastructure Executes Share Buyback Program

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HICL Infra Co Shs GBP ( (GB:HICL) ) has issued an update.

HICL Infrastructure PLC has executed a share buyback program, purchasing 420,000 of its ordinary shares at an average price of 119.5 pence per share. This transaction is part of a previously announced program from February 2024 and aims to manage the company’s capital structure effectively by holding the shares in treasury. Following this purchase, the company holds 29,288,534 treasury shares, with a total of 2,002,199,527 shares in issue excluding these treasury shares. This buyback may impact voting rights calculations for shareholders under the FCA’s disclosure rules.

More about HICL Infra Co Shs GBP

YTD Price Performance: 0.0%

Average Trading Volume: 3,448,103

Technical Sentiment Consensus Rating: Buy

For an in-depth examination of HICL stock, go to TipRanks’ Stock Analysis page.

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