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HICL Infra Co Shs GBP ( (GB:HICL) ) has shared an announcement.
HICL Infrastructure PLC announced the repurchase of 311,474 of its ordinary shares as part of its ongoing share buyback program. The shares were acquired at an average price of 110.3369 pence each and will be held as treasury shares, while the total number of voting rights excluding treasury shares remains at 1,999,587,439. This move is part of HICL’s strategic efforts to manage its capital structure, potentially enhancing shareholder value by reducing the number of shares in circulation.
More about HICL Infra Co Shs GBP
YTD Price Performance: -7.24%
Average Trading Volume: 3,586,438
Technical Sentiment Consensus Rating: Buy
Learn more about HICL stock on TipRanks’ Stock Analysis page.