Hiscox Ltd has announced the purchase and cancellation of its own shares from Peel Hunt LLP as part of its share repurchase program. On 7th March 2024, the company bought 135,382 ordinary shares at prices ranging from 1,192.0p to 1,210.0p, with a volume-weighted average price of 1,197.8p. All the purchased shares will be canceled.

The detailed information of the individual trades made by Peel Hunt as part of the share repurchase program is provided, including the number of shares purchased, transaction prices, and time of transactions. The trades were made on the London Stock Exchange (XLON) and the aggregate information for the purchases is also outlined.

This announcement aligns with the authority granted by Hiscox's shareholders as part of its share repurchase program, which was previously disclosed on 5th March 2024. The company's decision to repurchase its own shares reflects its strategy to optimize capital structure and enhance shareholder value.