Hiscox ( (GB:HSX) ) just unveiled an update.
Hiscox Ltd has announced the purchase of 10,111 of its own ordinary shares as part of its share buyback programme. The shares were acquired at a volume-weighted average price of 1,112.75 GBp and will be cancelled. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Hiscox
Hiscox Ltd is a prominent player in the insurance industry, offering a range of insurance products and services. The company focuses on providing specialized insurance solutions to businesses and individuals, catering to various market segments with tailored coverage options.
YTD Price Performance: 3.91%
Average Trading Volume: 1,480
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.82B
See more data about HSX stock on TipRanks’ Stock Analysis page.