LOM Holdings Limited Share Repurchases
In a filing dated 06 January, 2014, with the Bermuda Stock Exchange, LOM [Holdings] Limited announced that on December 18, 2013 it purchased 10,000 of its own shares for cancellation at a price of $2.325 per share. The shares were sold by an officer of the company.
“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 6,101,870 shares of Common Stock outstanding,” said the filing.
