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Hiscox Ltd Seeks Admission for New Scrip Shares on London Stock Exchange

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Hiscox Ltd Seeks Admission for New Scrip Shares on London Stock Exchange

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Hiscox ( (GB:HSX) ) just unveiled an announcement.

Hiscox Ltd has announced that it has applied for 88,711 Ordinary Shares to be admitted to the Official List of the Financial Conduct Authority and the London Stock Exchange. These shares are part of the company’s Scrip Dividend Alternative, related to the final dividend, and are expected to be admitted on 23 September 2025, aligning with existing ordinary shares. This move could enhance Hiscox’s market position by offering shareholders an alternative to cash dividends, potentially impacting their investment strategy.

The most recent analyst rating on (GB:HSX) stock is a Buy with a £1421.00 price target. To see the full list of analyst forecasts on Hiscox stock, see the GB:HSX Stock Forecast page.

Spark’s Take on GB:HSX Stock

According to Spark, TipRanks’ AI Analyst, GB:HSX is a Outperform.

Hiscox’s overall stock score is driven by strong earnings call performance and solid valuation metrics. Financial performance is stable but challenged by cash flow issues. Technical analysis indicates a neutral trend, with no strong momentum signals.

To see Spark’s full report on GB:HSX stock, click here.

More about Hiscox

Hiscox Ltd is a company operating in the insurance industry, offering a range of insurance products and services. The company focuses on providing specialized insurance solutions and has a significant presence in the market.

YTD Price Performance: 24.89%

Average Trading Volume: 1,379,292

Technical Sentiment Signal: Strong Buy

Current Market Cap: £4.39B

For detailed information about HSX stock, go to TipRanks’ Stock Analysis page.

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