Butterfield Renews Shares Buy Back Programme
The Bank of N.T. Butterfield & Son Limited has renewed its Buy-back Programme for Common Shares.
During the period 1 April 2015 to 31 March 2016, the Bank had repurchased 1,062,574 Common Shares under the Programme. With today’s announcement, the Bank’s Board has authorised the repurchase, at the Bank’s discretion, of up to 8 million additional Common Shares. This represents 1.7% of the Bank’s issued common shares.
