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HICL Infrastructure PLC Executes Strategic Share Buyback

HICL Infra Co Shs GBP (GB:HICL) has released an update.

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HICL Infrastructure PLC has executed a share buyback, acquiring 247,071 ordinary shares at a weighted average price of 126.22 pence each, as part of its ongoing buyback programme. These shares will be held in treasury, maintaining the total ordinary shares in issue at over 2 billion, excluding treasury shares. This move reflects HICL’s strategy to optimize its capital structure and deliver value to shareholders.

For further insights into GB:HICL stock, check out TipRanks’ Stock Analysis page.

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