Hiscox ( (GB:HSX) ) has shared an update.
Hiscox Ltd has announced a transaction involving the repurchase of 50,000 of its own ordinary shares as part of its share buyback program. The shares were purchased through Peel Hunt LLP, with prices ranging from 1,103.00 GBp to 1,163.00 GBp, and will be subsequently cancelled. This move is part of Hiscox’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Hiscox
Hiscox Ltd is a global insurance company that provides a range of insurance products and services, focusing on niche areas such as property, casualty, and specialty insurance. The company operates in various markets, offering tailored insurance solutions to businesses and individuals.
YTD Price Performance: 2.88%
Average Trading Volume: 1,211
Technical Sentiment Signal: Buy
Current Market Cap: $4.85B
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