Hiscox (GB:HSX) has released an update.
Hiscox Ltd has successfully carried out a share buyback, purchasing 43,223 of its own ordinary shares through Citigroup Global Markets Limited, with prices ranging from 1,254.00 to 1,268.00 GBp per share. The shares acquired in the transaction, which is part of the second tranche of Hiscox’s share buyback programme announced earlier this year, will be cancelled as per the company’s strategy to manage its capital effectively.
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