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Hiscox ( (GB:HSX) ) just unveiled an announcement.
Hiscox Ltd has announced the completion of the initial tranche of its share repurchase programme, which was initially announced in February 2025 and increased in August 2025. The company has repurchased over 8 million ordinary shares and is now entering the second tranche of the programme, with Citigroup Global Markets Limited conducting the purchases. The programme aims to reduce the issued share capital of the company, with the purchased shares being cancelled. The second tranche will continue until the end of the first quarter of 2026 or until the maximum consideration of $137.5 million is reached. The programme will be conducted in compliance with UK regulations and market conditions.
The most recent analyst rating on (GB:HSX) stock is a Buy with a £1421.00 price target. To see the full list of analyst forecasts on Hiscox stock, see the GB:HSX Stock Forecast page.
Spark’s Take on GB:HSX Stock
According to Spark, TipRanks’ AI Analyst, GB:HSX is a Outperform.
Hiscox’s overall stock score is driven by strong earnings call performance and solid valuation metrics. Financial performance is stable but challenged by cash flow issues. Technical analysis indicates a neutral trend, with no strong momentum signals.
To see Spark’s full report on GB:HSX stock, click here.
More about Hiscox
Hiscox is a global specialist insurer headquartered in Bermuda and listed on the London Stock Exchange. The company aims to be a respected specialist insurer with a diverse portfolio across products and geographies. Hiscox offers a range of specialist insurance products in commercial and personal lines through its retail businesses in the USA, UK, and Europe. The company also underwrites internationally-traded, bigger-ticket business and reinsurance through Hiscox London Market and Hiscox Re & ILS.
YTD Price Performance: 31.43%
Average Trading Volume: 1,318,220
Technical Sentiment Signal: Buy
Current Market Cap: £4.61B
For detailed information about HSX stock, go to TipRanks’ Stock Analysis page.