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Hiscox Kicks Off Second Tranche of $300 Million Share Buyback Program

MT Newswires·08/17/2026 02:42:41
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02:42 AM EDT, 08/17/2026 (MT Newswires) -- Hiscox (HSX.L) launched the second tranche of its share buyback program totaling $300 million on Monday, according to a same-day filing. The insurer tapped Citigroup Global Markets to repurchase up to $150 million worth of shares until the end of 2026, with the bought-back shares to be canceled. The new repurchase program follows the conclusion of the initial buyback tranche, in which Peel Hunt repurchased 6,608,372 shares between Feb. 25 and Aug. 14.