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Butterfield shares at new 52-week high

The Bank of Butterfield rose to a new 52-week high on The Royal Gazette/BSX Index.

On August 4 the bank announced it had filed for a proposed IPO in the US. Today its shares hit $2.05, up 10 cents, or 5.1 per cent after 41,118 shares traded. Butterfield's 52-week high had been $2.

In a filing with the BSX, the bank announced that Wendall Brown had resigned from the board of directors, effective from August 4.

Insurance firm BF&M was also up, rising 4 cents, or 0.2 per cent, at $17.15 after 300 shares moved.

The BSX Insurance Index ended the day down 3.26 points, or 0.20 per cent, at 1,649.88.

Butterfield Bank shares improved by 10 cents, or 5.1 per cent, on The Royal Gazette/BSX Index

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Published August 12, 2016 at 7:11 pm (Updated August 12, 2016 at 7:11 pm)

Butterfield shares at new 52-week high

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