One and LOM buy back shares
One Communications Ltd repurchased almost a quarter of a million of its own shares in December, at a cost of more than $600,000.
The company bought 223,733 of its common shares at an average price of $2.85 for immediate cancellation.
LOM Financial Ltd was another Bermuda Stock Exchange-listed company buying back shares last month.
The investment firm said it repurchased 7,400 shares at a price of $2.50 for cancellation during December. LOM added that a director of the company also bought 6,234 shares, also at $2.50.
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