tiprankstipranks
Company Announcements

HICL Infrastructure Expands Share Buyback Amidst Resilient Performance

Story Highlights

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

HICL Infrastructure PLC announced a significant expansion of its share buyback program by £100m, funded through targeted asset sales and potentially utilizing its Revolving Credit Facility. The company remains on track to meet its dividend targets, with operational performance aligning with expectations and strategic divestments planned to support capital allocation and investment commitments.

More about HICL Infra Co Shs GBP

HICL Infrastructure PLC is a London-listed infrastructure investment company managed by InfraRed Capital Partners Limited. The company focuses on infrastructure investments, maintaining a high-quality portfolio that demonstrates resilient performance amidst macroeconomic and political volatility.

YTD Price Performance: -6.90%

Average Trading Volume: 4,263,676

Technical Sentiment Consensus Rating: Buy

For an in-depth examination of HICL stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1