Source - Alliance News

Hiscox Ltd - Bermuda-based insurance provider - Completes first tranche of share buyback programme, spending $137.5 million to repurchase 8.2 million shares between February 27 and this past Friday. The second $137.5 million tranche of the $275 million programme begins on Monday and will be completed by the end of the first quarter of 2026. The first tranche of the buyback was run by Peel Hunt LLP, and the second tranche will be run by Citigroup Global Markets Ltd.

Current stock price: 1,394.00 pence

12-month change: up 26%

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