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BF&M: No Share Repurchases In March 2021

BF&M: No Share Repurchases In March 2021

In a filing with the Bermuda Stock Exchange [BSX], BF&M Limited advised that pursuant to its share repurchase programme, during the month of March 2021 the company has not repurchased any shares. Related StoriesProject Action’s Bus Back On The Road BF&M Joins Bermuda Championship As Sponsor BF&M To Host Breast... Read more of this article

BF&M Donates $25,000 To Vaccination Clinic

BF&M Donates $25,000 To Vaccination Clinic

BF&M has pledged $25,000 in response to the Bermuda Hospitals Charitable Foundation [BHCF] appeal to support the Covid-19 vaccination clinic at KEMH. A spokesperson noted, “While the vaccine itself is provided by the British government, there are many costs associated with the infrastructure, staffing and administration of the vaccination... Read more of this article

BF&M Reports Net Earnings Of $20.5 Million

BF&M Reports Net Earnings Of $20.5 Million

BF&M Limited today delivered 2020 shareholders’ net income of $20.5 million. Shareholders’ net income for 2019 was $11.9 million. Group Chairman and CEO John Wight stated: “BF&M reported strong operating results for 2020, demonstrating resilience in an extraordinary year. Against a backdrop defined by the Covid-19 pandemic, drivers of... Read more of this article

BF&M Office Closed To Walk-In Customers

BF&M Office Closed To Walk-In Customers

BF&M is closing its Bermuda offices to walk-in customers from Monday, March 29th, until further notice. A spokesperson said, “In light of the latest developments and in support of the Bermuda Government’s efforts to limit the transmission of Covid-19 and its variants, BF&M is closing its Bermuda offices to walk-in customers from Monday,... Read more of this article

BF&M Share Repurchases For February 2021

BF&M Share Repurchases For February 2021

In a filing with the Bermuda Stock Exchange [BSX], BF&M Limited advised that pursuant to its share repurchase programme, during the month of February 2021 the company repurchased 89,000 common shares at an average price of $21.00. The Company advised the repurchased shares were reserved for issuance. Related StoriesProject... Read more of this article

BF&M: No Share Repurchases In January 2021

BF&M: No Share Repurchases In January 2021

In a filing with the Bermuda Stock Exchange [BSX], BF&M Limited advised that pursuant to its share repurchase programme, during the month of January 2021 the company has not repurchased any shares. Related StoriesProject Action’s Bus Back On The Road BF&M Joins Bermuda Championship As Sponsor BF&M To Host Breast... Read more of this article

BF&M: No Share Repurchases In December 2020

BF&M: No Share Repurchases In December 2020

In a filing with the Bermuda Stock Exchange [BSX], BF&M Limited advised that pursuant to its share repurchase programme, during the month of December 2020 the company has not repurchased any shares. Related StoriesProject Action’s Bus Back On The Road BF&M Joins Bermuda Championship As Sponsor BF&M To Host Breast... Read more of this article

BF&M Postpone Office Re-Opening To Dec 29

BF&M Postpone Office Re-Opening To Dec 29

BF&M has postponed their reopening for walk-in business until December 29th, noting that “while there have been no more positive cases of Covid-19 at BF&M, we have decided to protect our staff and customers as we head into the holidays.” A spokesperson said, “Further to the recent closure of our Bermuda offices, BF&M has... Read more of this article

BF&M Closing Offices, Employee Tests Positive

BF&M Closing Offices, Employee Tests Positive

A BF&M employee has tested positive for Covid-19, and the company said that the person is “not a customer-facing employee” however “as precaution and to ensure the safety of customers and staff, BF&M is closing its Bermuda offices for enhanced cleaning.” A statement from the company said, “It was brought to our attention... Read more of this article

BF&M Reports Nine Month Earnings Of $18.4M

BF&M Reports Nine Month Earnings Of $18.4M

BF&M Limited  today reported shareholders’ net income for the nine months ended 30th September, 2020, of $18.4 million. Shareholders’ net income for the comparative nine-month period of 2019 was $12.6 million. Group Chairman and CEO John Wight stated: “BF&M reported strong operating results for the period, with favourable claims experience... Read more of this article

AM Best Affirms “A” Ratings Of BF&M

AM Best Affirms “A” Ratings Of BF&M

BF&M Limited announced today that AM Best has affirmed the financial strength rating of A [Excellent] of BF&M Life Insurance Company Limited [BF&M Life], BF&M General Insurance Company Limited [BF&M General] and Island Heritage Insurance Company, Ltd. [Island Heritage]. The outlook of each of these ratings is stable. The outlook... Read more of this article

BF&M Commits $28K To Diabetes Pilot Project

BF&M Commits $28K To Diabetes Pilot Project

BF&M Limited has committed $28,000 to fund an on-island pilot project designed to assist in the prevention, treatment, and rehabilitation for those living with diabetic foot disease. A spokesperson said, “BF&M Limited [BF&M] is pleased to be partnering with the Bermuda Diabetes Association and Bermuda Limb Care Ltd. by funding an on-... Read more of this article

BF&M Share Repurchases For September 2020

BF&M Share Repurchases For September 2020

In a filing with the Bermuda Stock Exchange [BSX], BF&M Limited advised that pursuant to its share repurchase programme, during the month of September 2020 the company has not repurchased any shares. Related StoriesProject Action’s Bus Back On The Road BF&M Joins Bermuda Championship As Sponsor BF&M To Host... Read more of this article