Shares in Novae Group closed up 10 percent last week after the Lloyd's insurer confirmed plans to return £33mn of capital - or almost 15 percent of its pre-announcement market capitalisation - to shareholders.
Shares in Novae Group closed up 10 percent last week after the Lloyd's insurer confirmed plans to return £33mn of capital - or almost 15 percent of its pre-announcement market capitalisation - to shareholders.