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Butterfield repurchases more shares

Butterfield is continuing its share buy-back programme, purchasing another $1 million worth of common shares last month.

In a filing with the Bermuda Stock Exchange, Butterfield announced that during the month of April it purchased for Treasury 1,080,774 common shares at an average cost of $1.40 per share.

The bank said no 8% preferred shares were bought in April for the share buy-back programme.

Butterfield shares closed last week at $1.45. Their 52-week low has been $1.22.

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Published May 15, 2013 at 9:00 am (Updated May 14, 2013 at 7:47 pm)

Butterfield repurchases more shares

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