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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 repurchase of 500,000 of its ordinary shares as part of its share buyback programme, purchasing them at a weighted average price of 114.21 pence per share. This action reflects the company’s strategy to manage its capital structure and shareholder value, with the repurchased shares being held in treasury, affecting the total voting rights available to shareholders.

More about HICL Infra Co Shs GBP

HICL Infrastructure PLC operates in the infrastructure sector, focusing on investments in infrastructure projects and companies. It offers its shareholders exposure to a diversified portfolio of infrastructure assets, which typically include public-private partnerships and regulated assets primarily in the UK, Europe, and North America.

YTD Price Performance: -11.72%

Average Trading Volume: 3,671,685

Technical Sentiment Consensus Rating: Buy

Find detailed analytics on HICL stock on TipRanks’ Stock Analysis page.

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