tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

HICL Infrastructure PLC Announces Share Buyback

Story Highlights
  • HICL Infrastructure PLC has bought back 600,000 shares at an average price of 109.4531 pence.
  • The buyback reduces market shares, potentially boosting earnings per share and signaling financial confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
HICL Infrastructure PLC Announces Share Buyback

TipRanks Cyber Monday Sale

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

HICL Infrastructure PLC has executed a share buyback, acquiring 600,000 of its ordinary shares at an average price of 109.4531 pence per share. This transaction is part of its ongoing share buyback program, initially announced in March 2025. Following this purchase, HICL holds 117,649,162 shares in treasury, with a total of 1,913,838,899 shares in issue excluding treasury shares. This move is likely to impact the company’s stock liquidity and shareholder value, as it reduces the number of shares available in the market, potentially increasing earnings per share and providing a signal of confidence in the company’s financial health.

The most recent analyst rating on (GB:HICL) stock is a Buy with a £155.00 price target. To see the full list of analyst forecasts on HICL Infra Co Shs GBP stock, see the GB:HICL Stock Forecast page.

Spark’s Take on GB:HICL Stock

According to Spark, TipRanks’ AI Analyst, GB:HICL is a Outperform.

HICL Infrastructure demonstrates strong financial stability with zero debt and effective cash flow management, which underpins its solid stock score. Strategic share buybacks further enhance shareholder value. However, technical indicators suggest caution due to potential overbought conditions, and the moderately high P/E ratio indicates potential overvaluation. The strong dividend yield offers an attractive investment proposition, balancing the risks.

To see Spark’s full report on GB:HICL stock, click here.

More about HICL Infra Co Shs GBP

Average Trading Volume: 4,270,620

Technical Sentiment Signal: Strong Sell

For detailed information about HICL stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1