By Frank Prenesti
Date: Wednesday 28 Feb 2024
LONDON (ShareCast) - (Sharecast News) - HICL said it had was selling its entire stake in the US Northwest Parkway toll-road project (NWP) to VINCI Highways for $232m and starting a £50m share buyback with the proceeds.
The sale proceeds represent a 30% premium to the company's September 30, 2023 valuation. Completion is expected in the second quarter of this year, the company said on Wednesday.
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Currency | UK Pounds |
Share Price | 123.20p |
Change Today | 3.20p |
% Change | 2.67 % |
52 Week High | 132.40 |
52 Week Low | 106.00 |
Volume | 2,402,934 |
Shares Issued | 1,951.27m |
Market Cap | £2,403.97m |
RiskGrade | 98 |
Value |
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Price Trend |
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Income |
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Growth |
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Strong Buy | 0 |
Buy | 2 |
Neutral | 3 |
Sell | 0 |
Strong Sell | 0 |
Total | 5 |
Latest | Previous | |
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Q4 | Q3 | |
Ex-Div | 22-May-25 | 06-Mar-25 |
Paid | 30-Jun-25 | 31-Mar-25 |
Amount | 2.07p | 2.06p |
Time | Volume / Share Price |
16:35 | 6,065 @ 123.20p |
16:35 | 298,607 @ 123.20p |
16:35 | 304 @ 123.20p |
16:35 | 1,281 @ 123.20p |
16:35 | 5,760 @ 123.20p |
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