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HICL Infrastructure Executes Share Buyback

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HICL Infra Co Shs GBP ( (GB:HICL) ) just unveiled an update.

HICL Infrastructure PLC, a company involved in infrastructure investments, has announced a purchase of 314,000 of its own ordinary shares at a weighted average price of 112.614 pence per share as part of its ongoing share buyback programme. This transaction, executed through RBC Europe Limited, is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value. Following this purchase, HICL holds 35,512,992 shares in treasury, with a total of 1,995,975,069 voting rights excluding treasury shares.

More about HICL Infra Co Shs GBP

YTD Price Performance: -5.72%

Average Trading Volume: 3,637,899

Technical Sentiment Consensus Rating: Buy

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

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