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Helios Underwriting Launches £2 Million Share Repurchase Programme

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Helios Underwriting ( (GB:HUW) ) just unveiled an update.

Helios Underwriting plc has announced a share repurchase programme, approved by its Board of Directors, to return up to £2 million to shareholders. The programme will allow the company to buy back its ordinary shares, holding them in treasury for potential reissue or cancellation. This move is expected to optimize the company’s capital structure and potentially enhance shareholder value, operating within the regulatory framework and market conditions.

More about Helios Underwriting

Helios Underwriting plc provides limited liability direct investment into the Lloyd’s insurance market and is listed on the London Stock Exchange’s AIM market. The company focuses on property and casualty insurance and reinsurance, writing approximately £484 million of capacity for the 2025 year of account.

YTD Price Performance: -31.73%

Average Trading Volume: 38,426

Technical Sentiment Signal: Sell

Current Market Cap: £137.3M

Find detailed analytics on HUW stock on TipRanks’ Stock Analysis page.

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