An announcement from Hiscox ( (GB:HSX) ) is now available.
Hiscox Ltd has executed a share buyback program, purchasing 45,000 ordinary shares at a volume-weighted average price of 1,152.38 pence per share. This move is part of its strategic financial management to enhance shareholder value by reducing the number of outstanding shares, potentially increasing earnings per share and supporting the company’s stock price.
More about Hiscox
Hiscox Ltd is a leading international specialist insurer, providing a diverse range of insurance products and services. The company focuses on niche areas of the insurance market, offering tailored solutions for complex and unique risks.
YTD Price Performance: 8.28%
Average Trading Volume: 1,211
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $5.05B
For detailed information about HSX stock, go to TipRanks’ Stock Analysis page.