HICL Infrastructure PLC Executes Share Buyback Program

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

HICL Infrastructure PLC has executed a share buyback program, purchasing 300,000 of its ordinary shares at an average price of 113.1627 pence per share. This transaction is part of the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value by reducing the number of shares in circulation.

More about HICL Infra Co Shs GBP

HICL Infrastructure PLC operates in the infrastructure investment sector, focusing on acquiring and managing a diversified portfolio of infrastructure projects. The company primarily invests in public-private partnership projects, providing essential services and facilities across various sectors such as transport, health, and education.

YTD Price Performance: -6.90%

Average Trading Volume: 4,263,676

Technical Sentiment Consensus Rating: Buy

Find detailed analytics on HICL stock on TipRanks’ Stock Analysis page.

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