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Hiscox Ltd Executes Share Buyback Program

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Hiscox Ltd Executes Share Buyback Program

The latest update is out from Hiscox ( (GB:HSX) ).

Hiscox Ltd has executed a share buyback program, purchasing 45,000 ordinary shares at prices ranging from 1,128.00 to 1,148.00 GBp, with a volume-weighted average price of 1,136.42 GBp. The repurchased shares will be cancelled, which is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.

More about Hiscox

Hiscox Ltd is a global insurance company that provides a range of insurance products and services, focusing on niche areas such as property, casualty, and specialty insurance. The company is known for its expertise in underwriting and risk management, catering to both individual and business clients worldwide.

YTD Price Performance: 7.19%

Average Trading Volume: 1,211

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $4.95B

See more data about HSX stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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