One and LOM buy back shares

  • One Communications: in December the company repurchased shares worth more than $600,000

    One Communications: in December the company repurchased shares worth more than $600,000

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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Published Jan 11, 2018 at 8:00 am (Updated Jan 10, 2018 at 7:41 pm)

One and LOM buy back shares

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