Hiscox (GB:HSX) has released an update.
Hiscox Ltd has actively pursued its share buyback program, successfully purchasing 43,827 ordinary shares at prices ranging between 1,128.00 GBp to 1,139.00 GBp per share, with the volume-weighted average price standing at 1,134.86 GBp. These transactions, executed through Citigroup Global Markets Limited as part of the second tranche of the buyback plan announced in May, aim to cancel the acquired shares, indicating a proactive effort to manage the company’s equity structure.
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