Helios Underwriting (GB:HUW) has released an update.
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Helios Underwriting has announced the continuation of its share repurchase program, following the approval at the 2024 AGM, allowing the repurchase of up to 7,474,514 ordinary shares under specific price parameters. The program, commencing from the date of the announcement, will operate until the authority expires or the maximum allotted funds are spent, with repurchases made on the open market based on prevailing market conditions. Shares bought back will be held as treasury shares with no dividend rights or voting powers, and the repurchase actions will comply with Market Abuse Regulation guidelines.
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