Hiscox Ltd (HSX), the specialist insurer listed in London, has disclosed the purchase of 293,523 ordinary shares during the week of 2 to 6 November 2026 as part of its ongoing share buyback programme. The transactions were executed through Citigroup Global Markets Limited, with volume weighted average prices ranging from 1,881.39p to 1,993.08p across the five trading days. All purchased shares are set to be cancelled, reducing the total share count in issue. The buyback programme was originally announced on 25 February 2026 and subsequently updated on 17 August 2026.

Key Points

  • Hiscox Ltd (HSX) — specialist insurer and reinsurer operating across global markets
  • Hiscox purchased 293,523 ordinary shares of 6.5p each between 2 and 6 November 2026 via Citigroup Global Markets Limited
  • Prices paid ranged from a low of 1,870p to a high of 2,000p; all purchased shares will be cancelled
  • Investors should watch for further weekly buyback disclosures and any update to the programme's overall size or duration

Daily Breakdown of Hiscox's 2–6 November 2026 Share Purchases and Prices Paid

On 2 November 2026, Hiscox purchased 68,500 shares at a volume weighted average price (VWAP) of 1,881.39p, with prices ranging from 1,870p to 1,888p. The following day, 65,000 shares were acquired at a VWAP of 1,934.44p. On 4 November 2026, 36,960 shares changed hands at a VWAP of 1,968.94p, while 5 November saw 58,063 shares bought at a VWAP of 1,993.08p — the highest average of the week — with the top price touching 2,000p. On 6 November 2026, 65,000 shares were purchased at a VWAP of 1,926.86p, with prices ranging from 1,916p to 1,956p.

Citigroup Global Markets Acts as Sole Broker for Hiscox Buyback Programme

All transactions during this reporting period were conducted through Citigroup Global Markets Limited, which is acting as broker on behalf of Hiscox for the duration of the Buyback Programme. The company states that a full breakdown of individual trades made by Citi is available via the London Stock Exchange's RNS-PDF service, in compliance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the United Kingdom under the UK Market Abuse Regulation. This regulatory disclosure requirement ensures transparency around the timing, volume, and pricing of each individual transaction executed during the buyback window.

Share Cancellation Policy and What It Means for Hiscox's Share Count

The announcement confirms that all 293,523 ordinary shares purchased during this period will be cancelled rather than held in treasury. Cancellation of repurchased shares directly reduces the total number of shares in issue, which can have implications for per-share financial metrics. Hiscox operates as a specialist insurer with exposure to property, casualty, and reinsurance markets globally. Investors may be watching the cumulative volume and total capital deployed under the broader programme, the full parameters of which were set out in the February 2026 and August 2026 announcements.