Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
HICL Infra Co Shs GBP ( (GB:HICL) ) just unveiled an update.
HICL Infrastructure PLC announced the repurchase of 1.7 million of its ordinary shares at a weighted average price of 119.6774 pence per share as part of its ongoing share buyback program. This strategic move, executed through Investec Bank plc, aims to enhance shareholder value by holding the purchased shares as treasury stock, thereby potentially increasing earnings per share and optimizing the company’s capital structure.
More about HICL Infra Co Shs GBP
HICL Infrastructure PLC operates in the infrastructure sector, focusing primarily on managing and investing in a portfolio of assets that provide essential public services. The company is engaged in owning and managing infrastructure projects across sectors such as transportation, healthcare, and education, targeting stable and sustainable long-term returns for its investors.
YTD Price Performance: -7.09%
Average Trading Volume: 3,689,828
Technical Sentiment Consensus Rating: Buy
See more insights into HICL stock on TipRanks’ Stock Analysis page.
