Hiscox ( (GB:HSX) ) just unveiled an update.
Hiscox Ltd has executed a share buyback program, purchasing 65,000 ordinary shares at prices ranging from 1,116.00 to 1,149.00 GBp, with a volume-weighted average price of 1,130.85 GBp. This move, conducted through Peel Hunt LLP, is part of the company’s strategy to enhance shareholder value by reducing the number of outstanding shares, potentially increasing earnings per share and signaling confidence in the company’s financial health.
More about Hiscox
Hiscox Ltd operates in the insurance industry, providing a range of insurance products and services. The company is known for its focus on niche markets, including high-net-worth individuals and small to medium-sized businesses, offering specialized coverage options tailored to these segments.
YTD Price Performance: 4.64%
Average Trading Volume: 1,211
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.05B
See more insights into HSX stock on TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com