Hiscox Ltd (HSX.L), an insurance provider, on Monday announced the commencement of the second tranche of its previously announced $275 million share repurchase program.
The company has allocated up to $137.5 million for the second tranche, which will be conducted by Citigroup Global Markets Limited and run until the end of the first quarter of 2026.
The first tranche of the program, also worth up to $137.5 million, was completed on October 3 and was carried out by Peel Hunt LLP.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.