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HICL Infra Co Shs GBP ( (GB:HICL) ) has provided an announcement.
HICL Infrastructure PLC has announced the purchase of 1,000,000 of its ordinary shares as part of its ongoing share buyback programme. The shares were bought at a weighted average price of 119.2 pence each, and the company intends to hold them as treasury shares. This transaction aligns with HICL’s strategy to manage its capital structure effectively, potentially enhancing shareholder value by reducing the number of shares available in the market.
More about HICL Infra Co Shs GBP
HICL Infrastructure PLC is involved in the infrastructure sector, primarily focusing on owning and managing infrastructure investments across various sectors. The company aims to provide sustainable, long-term returns to its stakeholders by acquiring and managing infrastructure projects.
YTD Price Performance: 0.34%
Average Trading Volume: 3,434,739
Technical Sentiment Consensus Rating: Buy
See more insights into HICL stock on TipRanks’ Stock Analysis page.
