Hiscox ( (GB:HSX) ) just unveiled an announcement.
Hiscox Ltd has executed a share buyback program, purchasing 40,000 of its own ordinary shares through Peel Hunt LLP. The shares were bought at prices ranging from 1,187.00 GBp to 1,210.00 GBp, with a volume-weighted average price of 1,197.23 GBp. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
More about Hiscox
Hiscox Ltd is a company operating in the insurance industry, offering a range of insurance products and services. The company focuses on providing specialized insurance solutions to businesses and individuals, with a strong emphasis on niche markets.
YTD Price Performance: 13.61%
Average Trading Volume: 1,211
Technical Sentiment Signal: Strong Sell
Current Market Cap: $5.35B
See more insights into HSX stock on TipRanks’ Stock Analysis page.