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HICL Infra Co Shs GBP ( (GB:HICL) ) has issued an announcement.
HICL Infrastructure PLC, a company engaged in infrastructure investments, announced the repurchase of 272,530 ordinary shares as part of its share buyback programme. The shares were bought at a weighted average price of 112.4172 pence, and HICL plans to hold these shares in treasury. This transaction reflects HICL’s strategy to manage its capital effectively and could potentially enhance shareholder value by reducing the number of shares in circulation.
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.