Argus to extend share repurchase
The RG/BSX Index closed at 2,197.63, down 0.48 of a point (0.02 per cent) for the day, affected by Argus Group Holdings Ltd, which fell two cents (0.3 per cent) to $6.33 after trading of 8,474 shares ($53,694.42).
Argus announced that effective July 1, the company will extend the share repurchase programme and purchase up to 150,000 shares over the next year, at market prices on the Bermuda Stock Exchange.
The Bank of N.T. Butterfield & Son Limited rose 13 cents (0.41 per cent) to close at $31.60 on the New York Stock Exchange.