Butterfield shares tumble 7.7%
Shares of Butterfield Bank were down $2.50, or 7.7 per cent, at $30 after 3,200 traded on The Royal Gazette/BSX index.
Tha bank’s shares were up 17 cents, or 0.6 per cent, at $28.31 on the New York Stock Exchange.
In the local exchange, shares of Argus Group Holdings Ltd were down 20 cents, or 6.3 per cent, at $3 after 2,800 changed hands.
The Royal Gazette/BSX Index was down 116.44 points, or 5.38 per cent, at 2,048.06, while the BSX Insurance Index was up 33.32 points, or 2.04 per cent, at 1,667.2.
During July, One Communications Ltd repurchased 12,599 of its common shares at an average price of $3.41 for immediate cancellation, pursuant to its share repurchase programme.
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Take Our Poll
- "Which of these is the worst political gaffe of modern times"
- Craig Cannonier getting on that plane
- Michael Fahy pressing on with Pathways to Status
- Bob Richards's 'Money doesn't grow on trees' speech
- Lt-Col David Burch and ATVs
- Wayne Caines and the London cereal cafe
- Zane DeSilva's mystery shopper cruise
- Total Votes: 5373
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