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HICL Infrastructure PLC Executes Share Buyback

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An announcement from HICL Infra Co Shs GBP ( (GB:HICL) ) is now available.

HICL Infrastructure PLC announced the purchase of 425,000 of its ordinary shares as part of its share buyback programme, at a weighted average price of 117.5529 pence per share. This transaction, facilitated by Investec Bank plc, is part of HICL’s strategy to manage capital efficiency and potentially enhance shareholder value, reflecting robust financial health and strategic positioning within the infrastructure investment industry.

More about HICL Infra Co Shs GBP

HICL Infrastructure PLC operates within the infrastructure investment sector, focusing on acquiring and managing a diverse portfolio of infrastructure projects. Its primary market focus is on providing investors with long-term, stable returns through investments in public-private partnership projects, regulated assets, and other infrastructure opportunities.

YTD Price Performance: -7.09%

Average Trading Volume: 3,689,828

Technical Sentiment Consensus Rating: Strong Buy

See more data about HICL stock on TipRanks’ Stock Analysis page.

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