Butterfield shares climb 1.5% on BSX
Shares of Butterfield Bank climbed 1.5 per cent in Bermuda Stock Exchange trading.
The bank gained 50 cents to close on $34.75 as 1,850 shares changed hands.
Butterfield’s US-listed shares also gained ground, advancing 46 cents, or 1.32 per cent, to close on $35.19.
The bank was the lone stock to trade as The Royal Gazette/BSX Index gained 24.73 points, or 1.12 per cent, to close on 2,237.3.
The BSX Insurance Index fell 13.62 points, or 0.83 per cent, to lose on 1,631.19.
Meanwhile, in a filing with the BSX, One Communications Ltd advised of an error in the reporting of its share repurchases last month.
The company clarified that on December 11, it repurchased 37,134 of its own shares at an average price of $4.10, and not 38,234 shares at an average price of $4.10 as One reported in a BSX filing on December 14.