Hiscox Ltd has disclosed the acquisition of a specific number of ordinary shares as part of its share buyback program. The company has repurchased 45,000 ordinary shares through Citigroup Global Markets Limited, in line with the terms of the second tranche of the buyback program. The highest price paid per share was 1,195.00 GBp, the lowest was 1,176.00 GBp, and the volume-weighted average price paid was 1,187.82 GBp. The purchased shares will be canceled.

The announcement complies with the Market Abuse Regulation, providing detailed information on the individual trades made by Citigroup Global Markets Limited on behalf of Hiscox as part of the Buyback Programme. The aggregated information of ordinary shares purchased according to each trading venue is also provided, with the London Stock Exchange being the sole trading venue involved in this transaction.

This move indicates Hiscox's commitment to its shareholders and its confidence in the company's financial position. It also reflects the company's strategic approach to capital management and its ability to generate value for its shareholders.