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HICL Infrastructure Executes Share Buyback Program

Story Highlights
  • HICL Infrastructure PLC operates within the infrastructure investment sector.
  • The company has repurchased 365,158 shares, impacting voting rights and shareholder calculations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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

HICL Infrastructure PLC has executed a share buyback program, purchasing 365,158 of its ordinary shares through RBC Europe Limited, with the weighted average price of 117.59 pence per share. The company plans to hold these shares as treasury shares, thus reducing the total number of voting rights in issue to 2,000,834,369, which can influence shareholder calculations under the FCA’s Disclosure and Transparency Rules.

More about HICL Infra Co Shs GBP

HICL Infrastructure PLC operates within the infrastructure investment sector, primarily focusing on acquiring and managing infrastructure projects to generate long-term, stable returns for its investors.

YTD Price Performance: -2.86%

Average Trading Volume: 3,412,823

Technical Sentiment Consensus Rating: Buy

Learn more about HICL stock on TipRanks’ Stock Analysis page.

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