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HICL Infra Co Shs GBP ( (GB:HICL) ) just unveiled an update.
HICL Infrastructure PLC announced the buyback of 267,000 of its ordinary shares as part of a share buyback program initiated in February 2024. The shares were purchased at a weighted average price of 110.9182 pence and will be held as treasury shares. Following this transaction, the total number of voting rights in HICL, excluding treasury shares, remains at 1,997,835,570. This move is likely to impact HICL’s market position by potentially increasing the value of remaining shares and providing greater flexibility in capital management.
More about HICL Infra Co Shs GBP
HICL Infrastructure PLC is a company operating in the infrastructure sector, specializing in the acquisition and management of essential public infrastructure projects. The company focuses on providing long-term stable returns to its investors by investing in a diversified portfolio of infrastructure assets.
YTD Price Performance: -5.72%
Average Trading Volume: 3,571,153
Technical Sentiment Consensus Rating: Buy
For detailed information about HICL stock, go to TipRanks’ Stock Analysis page.
