Hiscox Ltd - Bermuda-based insurance provider - Completes first tranche of share buyback programme, spending USD137.5 million to repurchase 8.2 million shares between February 27 and this past Friday. The second USD137.5 million tranche of the USD275 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%

By Tom Waite, Alliance News editor

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