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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.”