tiprankstipranks
Company Announcements

HICL Infrastructure Announces Share Buyback

Story Highlights
  • HICL Infrastructure PLC conducted a share buyback as part of its ongoing programme.
  • The buyback aims to manage the company’s capital structure and enhance shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Discover the Best Stocks and Maximize Your Portfolio:

HICL Infra Co Shs GBP ( (GB:HICL) ) has issued an announcement.

HICL Infrastructure PLC, a company focused on infrastructure investments, announced a share buyback as part of its ongoing programme. On February 10, 2025, the company purchased 132,668 ordinary shares at a weighted average price of 116.8369 pence per share through RBC Europe Limited. Following this transaction, HICL holds over 37 million shares in treasury, with a total of nearly 2 billion shares in issue, excluding treasury shares. The buyback is intended to manage the company’s capital structure and could potentially enhance shareholder value.

More about HICL Infra Co Shs GBP

YTD Price Performance: -3.03%

Average Trading Volume: 4,009,036

Technical Sentiment Consensus Rating: Buy

For a thorough assessment of HICL stock, go to TipRanks’ Stock Analysis page.

Related Articles
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