LOM announces $1m buy-back
Created: Feb 21, 2007 10:00 AM
Directors of LOM (Holdings) Limited have authorised a share buy-back of up to $1 million.In an announcement through the Bermuda Stock Exchange, LOM has announced it intends to acquire its listed securities pursuant to a securities repurchase programme.The company's board of directors has authorised management to purchase shares for cancellation at a cost not exceeding $1m. During 2006 the company repurchased 60,900 shares.
Directors of LOM (Holdings) Limited have authorised a share buy-back of up to $1 million.
In an announcement through the Bermuda Stock Exchange, LOM has announced it intends to acquire its listed securities pursuant to a securities repurchase programme.
The company's board of directors has authorised management to purchase shares for cancellation at a cost not exceeding $1m. During 2006 the company repurchased 60,900 shares.
