An announcement from Hiscox ( (GB:HSX) ) is now available.
Hiscox Ltd has executed a share buyback program, purchasing 40,511 ordinary shares at prices ranging from 1,120.00 to 1,133.00 pence per share, with an average price of 1,125.42 pence. The repurchased shares will be canceled, potentially impacting the company’s stock value and shareholder equity by reducing the number of shares outstanding, which may enhance earnings per share and return on equity.
More about Hiscox
Hiscox Ltd is a global insurance company known for offering a range of insurance products, including property, casualty, and specialty insurance. The company primarily focuses on providing tailored insurance solutions for businesses and high-net-worth individuals, positioning itself as a leader in the specialty insurance market.
YTD Price Performance: 7.63%
Average Trading Volume: 1,211
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $4.92B
See more insights into HSX stock on TipRanks’ Stock Analysis page.