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HICL Infra Co Shs GBP ( (GB:HICL) ) has issued an update.
HICL Infrastructure PLC, a prominent player in the infrastructure investment sector, has executed a share buyback, purchasing 259,000 of its ordinary shares at an average price of 112.23 pence per share. This strategic move aims to enhance shareholder value by reducing the number of outstanding shares and potentially increasing earnings per share. The repurchased shares will be held as treasury shares, maintaining the company’s flexibility in managing its capital structure and shareholder interests.
More about HICL Infra Co Shs GBP
YTD Price Performance: -5.72%
Average Trading Volume: 3,433,728
Technical Sentiment Consensus Rating: Buy
See more insights into HICL stock on TipRanks’ Stock Analysis page.
