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Hiscox ( (GB:HSX) ) just unveiled an announcement.
Hiscox Ltd has executed a share buyback program, purchasing 45,000 of its ordinary shares through Peel Hunt LLP. The buyback, part of a previously announced program, aims to enhance shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and demonstrating confidence in the company’s financial health.
More about Hiscox
Hiscox Ltd is a global specialist insurer, providing a range of insurance products and services. The company focuses on niche areas of the insurance market, offering tailored coverage for businesses and high-net-worth individuals.
YTD Price Performance: 8.28%
Average Trading Volume: 1,211
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $5.05B
Find detailed analytics on HSX stock on TipRanks’ Stock Analysis page.