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The latest announcement is out from HICL Infra Co Shs GBP ( (GB:HICL) ).
HICL Infrastructure PLC announced the purchase of 245,456 of its own ordinary shares as part of a previously declared share buyback program, executed through RBC Europe Limited. The move results in HICL holding 31,589,148 shares in treasury, with the total number of voting rights now at 1,999,898,913. This strategic buyback is likely aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.
More about HICL Infra Co Shs GBP
HICL Infrastructure PLC is a company operating within the infrastructure investment sector. The company focuses on acquiring and managing a diversified portfolio of core infrastructure projects, primarily in the UK, with a broader market focus on delivering stable, long-term returns to its stakeholders.
YTD Price Performance: -7.58%
Average Trading Volume: 3,542,427
Technical Sentiment Consensus Rating: Buy
Learn more about HICL stock on TipRanks’ Stock Analysis page.
