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HICL Infrastructure PLC Executes Share Buyback Programme

Story Highlights
  • HICL Infrastructure PLC repurchased 500,000 shares at an average price of 113.73 pence.
  • The share buyback impacts voting rights, totaling 2,004,669,527 excluding treasury shares.
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An update from HICL Infra Co Shs GBP ( (GB:HICL) ) is now available.

HICL Infrastructure PLC, a company engaged in infrastructure investment, has announced a share buyback transaction as part of its previously declared programme. On December 19, 2024, the company repurchased 500,000 of its ordinary shares at a weighted average price of 113.73 pence per share, with a highest price of 114.492 pence and a lowest of 113.0 pence. These shares will be held in treasury, bringing the total number of treasury shares to 26,818,534. This transaction affects the total number of voting rights, which now stands at 2,004,669,527, excluding treasury shares. This move can be seen as a step to potentially enhance shareholder value and optimize the company’s capital structure.

More about HICL Infra Co Shs GBP

YTD Price Performance: -12.34%

Average Trading Volume: 3,623,517

Technical Sentiment Consensus Rating: Strong Buy

For detailed information about HICL stock, go to TipRanks’ Stock Analysis page.

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