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Hiscox Ltd announced on 22 December 2025 the completion of its $275 million share repurchase programme, which concluded its second and final tranche on 19 December 2025. The programme, initially announced for $175 million on 27 February 2025 and increased to $275 million on 6 August 2025, resulted in Hiscox purchasing 15,894,323 Ordinary Shares for a total of $275.0 million (excluding expenses) between 27 February 2025 and 19 December 2025.
| Date | 22 Dec 2025 |
| Time | 07:00:08 |
| Category | Miscellaneous |
| ID | 3632M |
Completion of $275 million share repurchase programme
Hamilton, Bermuda (22 December 2025) - Hiscox Ltd ("Hiscox" or the "Company") today announces that, further to the share repurchase programme announced on 27 February 2025 to buy back its ordinary shares of 6.5 pence each ("Ordinary Shares") for a maximum aggregate consideration of $175 million, and subsequently increased on 6 August 2025 to $275 million (the "Programme"), the Company completed the second and final tranche of the Programme on 19 December 2025.
Across the Programme the Company purchased 15,894,323 Ordinary Shares between 27 February 2025 and 19 December 2025, pursuant to the agreements with Peel Hunt LLP and Citigroup Global Markets Limited ("Citigroup"), totalling $275.0 million (excluding expenses).
Hiscox confirms it has now successfully completed the $275 million Programme.
ENDS
For further information
Investors and analysts
Yana O'Sullivan, Director of Investor Relations, London +44 (0)20 3321 5598
Marc Wetherhill, Group Company Secretary, Bermuda +1 441 278 8300
Media
Eleanor Orebi Gann, Group Director of Communications, London +44 (0)20 7081 4815
Simone Selzer, Brunswick +44 (0)20 7404 5959
Notes to editors
About The Hiscox Group
Hiscox is a global specialist insurer, headquartered in Bermuda and listed on the London Stock Exchange (LSE:HSX). Our ambition is to continue to be a respected specialist insurer with a diverse portfolio by product and geography. We believe that building balance between catastrophe-exposed business and less volatile local specialty business gives us opportunities for profitable growth throughout the insurance cycle.
The Hiscox Group employs over 3,000 people in 13 countries, and has customers worldwide. Through the retail businesses in the USA, UK and Europe, we offer a range of specialist insurance products in commercial and personal lines. Internationally-traded, bigger-ticket business and reinsurance is underwritten through Hiscox London Market and Hiscox Re & ILS.
Our values define our business, with a focus on people, courage, ownership and integrity. We pride ourselves on being true to our word and our award-winning claims service is testament to that. For more information, visit www.hiscoxgroup.com.