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 | 118.80p |
Change Today | -2.00p |
% Change | -1.66 % |
52 Week High | 132.20p |
52 Week Low | 106.00p |
Volume | 4,694,671 |
Shares Issued | 1,932.95m |
Market Cap | £2,296.34m |
Beta | 0.00 |
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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Q1 | Q4 | |
Ex-Div | 31-Jul-25 | 22-May-25 |
Paid | 30-Sep-25 | 30-Jun-25 |
Amount | 2.08p | 2.07p |
Time | Volume / Share Price |
16:35 | 943,116 @ 118.80p |
16:35 | 448 @ 118.80p |
16:35 | 1,989 @ 118.80p |
16:35 | 3,027 @ 118.80p |
16:35 | 1,466 @ 118.80p |
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