Hiscox ( (GB:HSX) ) has shared an update.
Hiscox Ltd has executed a share buyback program, purchasing 45,000 ordinary shares at a volume-weighted average price of 1,187.53 GBp per share. This move is part of a strategic initiative to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
More about Hiscox
Hiscox Ltd is a global specialist insurer, providing a range of insurance products and services tailored for specific markets, including small businesses, high-net-worth individuals, and specialty risks. The company operates in various regions, focusing on delivering tailored insurance solutions to meet the unique needs of its clients.
YTD Price Performance: 10.80%
Average Trading Volume: 1,211
Technical Sentiment Signal: Strong Sell
Current Market Cap: $5.13B
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