Hiscox ( (GB:HSX) ) has shared an update.
Hiscox Ltd has announced the purchase of 10,111 ordinary shares as part of its share buyback program, with prices ranging from 1,108.00 GBp to 1,115.00 GBp. This move is part of a strategic initiative to manage the company’s capital structure and potentially enhance shareholder value by reducing the number of outstanding shares.
More about Hiscox
Hiscox Ltd is a company operating in the insurance industry, providing a range of insurance products and services. The company is known for its focus on niche markets, offering specialized insurance solutions tailored to the needs of specific sectors.
YTD Price Performance: 3.91%
Average Trading Volume: 1,480
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.82B
Learn more about HSX stock on TipRanks’ Stock Analysis page.