LOM Financial January Share Repurchases
In a filing with the Bermuda Stock Exchange [BSX], LOM Financial Limited has announced that the Company purchased a total of 36,100 shares at an average price of $2.77 for cancellation during January 2020, pursuant to Regulation 6.38 of the BSX Listing Regulations.
“LOM Financial Limited has announced that the Company purchased a total of 36,100 shares at an average price of $2.77 for cancellation during January 2020, pursuant to Regulation 6.38 of the BSX Listing Regulations,” the company said.
“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 5,455,528 shares of Common Stock outstanding.
“The current share repurchase program confirms our commitment to continually enhance value for our shareholders,” said Malcolm Moseley, Executive Vice President and Chief Financial Officer of LOM.
