Butterfield Bank Repurchases 207,273 Shares
In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited announced that during the month of January 2013 the Bank bought for Treasury 207,273 common shares at an average cost of $1.271 per share. The Bank also repurchased and cancelled 88 NTB 8% Preferred shares at an average cost of $1,231.42
All signs point to an overseas purchase of the Butterfield sooner rather than later.
Maybe time to buy some shares again…