Hiscox (OTC) (GB:HSX) has released an update.
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Hiscox Ltd has recently completed a share buyback, purchasing 148,611 of its own ordinary shares for cancellation as part of a repurchase program announced earlier in March. The transactions were executed on April 30, 2024, with the highest price paid per share at 1,242.0p and the lowest at 1,232.0p, resulting in a volume-weighted average price of 1,235.6p. This strategic move by Hiscox aims to optimize shareholder value and reflects the company’s confidence in its financial position and future prospects.
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