LOM Financial April Share Repurchases

April 27, 2019 | 0 Comments

In a filing with the Bermuda Stock Exchange [BSX], LOM Financial Limited, announced that, on 18th April, the Company purchased a total of 15,000 shares at a price of $2.75 for cancellation.

The full filing stated: “LOM Financial Limited has announced that the Company purchased a total of 15,000 shares at a price of $2.75 for cancellation on the 18 April 2019, pursuant to Regulation 6.38 of the BSX Listing Regulations.

“LOM is authorised to purchase shares from time to time in the open market, or privately negotiated transactions, or block trades. The number of shares ultimately repurchased, and the timing of the purchases, will depend upon market conditions, share price, and other factors. LOM currently has 5,872,278 shares of Common Stock outstanding.”

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