Hiscox ( (GB:HSX) ) just unveiled an announcement.
Hiscox Ltd has executed a share buyback program, purchasing 50,000 ordinary shares at prices ranging from 1,132.00 GBp to 1,146.00 GBp, with a volume-weighted average price of 1,140.25 GBp. The purchased shares will be canceled, which is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Hiscox
Hiscox Ltd is a company operating in the insurance industry, providing a range of insurance products and services. The company focuses on offering specialized insurance solutions to businesses and individuals, with a market presence in various regions.
YTD Price Performance: 8.58%
Average Trading Volume: 1,211
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $4.96B
Learn more about HSX stock on TipRanks’ Stock Analysis page.