Butterfield Bank Share Repurchases
In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited announced that during the month of April 2013, the Bank purchased for Treasury 1,080,774 Common Shares at an average cost of $1.40 per share. No 8% preferred shares were bought in April for the Buy Back Program.
Keep on paying the 8pct bonds and instead, buy up shares to keep on manipulating/driving up those share prices boys!! You must think that we are all fools!!