HICL Infra Co Shs GBP ( (GB:HICL) ) just unveiled an update.
HICL Infrastructure PLC has executed a share buyback transaction, purchasing 418,672 of its ordinary shares at an average price of 111.6575 pence per share. This move is part of its ongoing share buyback program, initially announced in February 2024, and reflects the company’s strategy to manage its capital structure efficiently. The purchased shares will be held in treasury, reducing the number of shares in circulation and potentially enhancing shareholder value.
More about HICL Infra Co Shs GBP
HICL Infrastructure PLC operates in the infrastructure investment sector, focusing on acquiring and managing a diversified portfolio of infrastructure projects. The company primarily invests in public-private partnership projects and other infrastructure assets in the UK and Europe, aiming to provide long-term, stable returns to its shareholders.
YTD Price Performance: -6.23%
Average Trading Volume: 4,101,939
Technical Sentiment Consensus Rating: Buy
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