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HICL Infrastructure Engages in Share Buyback to Boost Market Position

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

HICL Infrastructure PLC has executed a share buyback program, buying back 297,000 ordinary shares at an average price of 110.721 pence per share on January 27, 2025. This move is part of the company’s strategy to hold these shares in treasury, potentially enhancing shareholder value by reducing the number of shares available in the market, which could influence voting rights calculations under the FCA’s Disclosure and Transparency Rules.

More about HICL Infra Co Shs GBP

YTD Price Performance: -7.58%

Average Trading Volume: 3,695,600

Technical Sentiment Consensus Rating: Buy

Learn more about HICL stock on TipRanks’ Stock Analysis page.

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