LOM repurchases 34,900 shares – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

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LOM repurchases 34,900 shares

Financial services company LOM Financial Ltd has purchased 34,900 of its shares for cancellation, it announced in a filing with the Bermuda Stock Exchange.

LOM purchased the shares at an average price of $2.75 on Tuesday.

The company has 5,420,628 shares of common stock outstanding, it said.

Malcolm Moseley, executive vice-president and chief financial officer of LOM, said: “The current share repurchase programme confirms our commitment to continually enhance value for our shareholders.”

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Published April 03, 2020 at 9:00 am (Updated April 02, 2020 at 9:20 pm)

LOM repurchases 34,900 shares

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