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HICL Infra Co Shs GBP ( (GB:HICL) ) has shared an update.
HICL Infrastructure PLC announced the purchase of 500,000 of its own ordinary shares as part of a share buyback program. The buyback, conducted through Investec Bank plc, was executed at a weighted average price of 117.28 pence per share. This transaction reflects HICL’s ongoing strategy to manage its capital structure effectively and potentially enhance shareholder value. Following this purchase, the total number of voting rights, excluding treasury shares, remains at 2,002,719,527, which is significant for determining shareholder interests under regulatory requirements.
More about HICL Infra Co Shs GBP
HICL Infrastructure PLC is a company specializing in infrastructure investments, primarily focused on acquiring and managing assets in sectors such as transportation, utilities, and social infrastructure. They aim to provide long-term, sustainable income and growth to their shareholders by investing in a diversified portfolio of infrastructure projects.
YTD Price Performance: -9.25%
Average Trading Volume: 3,532,577
Technical Sentiment Consensus Rating: Buy
Learn more about HICL stock on TipRanks’ Stock Analysis page.
