HICL Infrastructure issues positive interim update, including final regulatory approval and dividend resumption.
From Nasdaq: 2025-03-03 02:58:33
HICL Infrastructure issued an Interim Update Statement for the period from 1 October 2024 to 28 February 2025, reporting operational performance in line with expectations. Affinity Water received final regulatory determination, enabling distributions to resume in fiscal year ending March 2026. The company remains on track to deliver a target dividend of 8.25 pence per share for the financial year ending 31 March 2025, with dividends from Affinity Water expected to resume in the following financial year. Additionally, the Board announced a 100 million pound expansion of the buyback program starting Monday until 31 December 2025.
Read more at Nasdaq: HICL Infrastructure Issues Interim Update Statement – Quick Facts