Hiscox Ltd has announced the purchase and cancellation of its own shares from Peel Hunt LLP as part of its share repurchase program. On 6th March 2024, the company bought 126,248 ordinary shares at prices ranging from 1,173.0p to 1,196.0p. The volume-weighted average price paid per share was 1,183.7p. 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 in the announcement.

The company's actions are in accordance with Article 5(1)(b) of the UK version of Regulation (EU) No. 596/2014, which is part of UK law. The trades were made on the London Stock Exchange, with the highest price paid being 1,196.0p and the lowest being 1,173.0p. The individual transactions made by Peel Hunt are listed in the announcement, providing the number purchased, transaction price, transaction date/time, trade reference number, and trading venue.

This move indicates Hiscox Ltd's commitment to its share repurchase program and its strategy to manage its capital structure efficiently. The company's decision to cancel all the purchased shares reflects its focus on optimizing shareholder value and capital allocation. This announcement provides transparency and detailed information about the share repurchase transactions, ensuring clarity for the company's shareholders and the market.