Hiscox Ltd has disclosed the purchase of a specific number of ordinary shares as part of its share buyback program. The company has bought 45,000 ordinary shares through Citigroup Global Markets Limited, in line with the terms of the second tranche of its share buyback program. The highest price paid per share was 1,174.00 GBp, the lowest was 1,143.00 GBp, and the volume-weighted average price paid was 1,155.81 GBp. The purchased ordinary shares will be canceled.

The announcement complies with Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the UK (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.

This transaction reflects Hiscox Ltd's strategic financial management and commitment to enhancing shareholder value. The company's decision to repurchase its own shares indicates confidence in its financial position and long-term outlook.