Hiscox (OTC) (GB:HSX) has released an update.
Hiscox Ltd has recently carried out a share buyback, purchasing 163,461 of its own ordinary shares for cancellation on April 22, 2024, as part of a repurchase program announced earlier on March 5. The shares were bought from Peel Hunt LLP at prices ranging from 1,181.0p to 1,192.0p, with a volume-weighted average of 1,187.8p per share. This move is in line with the shareholder authority granted to the company to engage in such transactions to potentially deliver increased value to its investors.
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