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BF&M Supports Community Feeding Programme

BF&M Supports Community Feeding Programme

In response to an appeal made by Huckleberry Restaurant and Christ Church, BF&M Limited furthered its community support efforts in response to the Covid-19 crisis through a recent donation made in the amount of $5,000 to support their Community Feeding Programme. Huckleberry’s is preparing 1,000 meals a week which are being distributed by Christ... Read more of this article

BF&M Continuation: Share BuyBack Programme

BF&M Continuation: Share BuyBack Programme

BF&M Limited announced the continuation of its repurchase programme, approved at a meeting on April 8, 2016 by the Board of BF&M Limited, for a further twelve months. “The share buyback programme enables BF&M to repurchase, at its discretion, up to 241,425 Common Shares at market prices on the Bermuda Stock Exchange,” the BSX... Read more of this article

BF&M Limited Reports Net Loss Of $2.2 Million

BF&M Limited Reports Net Loss Of $2.2 Million

In a filing with the Bermuda Stock Exchange [BSX], BF&M Limited  announced shareholders’ net loss for the three months ended 31st March, 2020, of $2.2 million. The full filing stated: ”BF&M Limited [BF&M] today reported shareholders’ net loss for the three months ended 31st March, 2020, of $2.2 million. Shareholders’ net income... Read more of this article

BF&M Limited Announces Board Changes

BF&M Limited Announces Board Changes

In a filing with the Bermuda Stock Exchange [BSX], BF&M Limited announced Board changes. The full filing stated: “BF&M Limited [BF&M] today announced the appointments of Mrs. Jennifer Reynolds and Mr. Andrew Lo to the BF&M Limited Board of Directors. “Jennifer Reynolds has over 20 years of experience in the financial service... Read more of this article

BF&M ‘No Limits’ Sailing Programme Goes Virtual

BF&M ‘No Limits’ Sailing Programme Goes Virtual

In response to the current Covid-19 pandemic, the BF&M ‘No Limits’ Sailing Programme has shifted to virtual learning. A spokesperson said, “Endeavour Community Sailing, a non-profit dedicated to engaging youth from diverse backgrounds across Bermuda in hands-on, experiential learning through sailing has shifted in response to the... Read more of this article

BF&M Share Repurchases For March 2020

BF&M Share Repurchases For March 2020

In a filing with the Bermuda Stock Exchange [BSX], BF&M Limited advised that pursuant to its share repurchase programme, during the month of March 2020 the company repurchased 27,800 common shares at an average price of $17.72. The Company advised the repurchased shares were reserved for issuance. Related StoriesBF&M... Read more of this article

BF&M Donates $40,000 To Assist Community

BF&M Donates $40,000 To Assist Community

BF&M Limited is pledging $40,000 to organisations to help the community support efforts in response to the Covid-19 crisis. A spokesperson said, “BF&M Limited announced today its community support efforts in response to the Covid-19 crisis, pledging $40,000 to organisations currently working doubly hard. “In Bermuda, BF&M has pledged... Read more of this article

BF&M Reports Earnings Of $11.9 Million

BF&M Reports Earnings Of $11.9 Million

In a filing with the Bermuda Stock Exchange [BSX], BF&M Limited announced shareholders’ net income for the year ended 31st December 2019. The full filing stated: “BF&M Limited today reported solid shareholders’ net income for the year ended 31st December, 2019, of $11.9 million, despite impact from hurricanes. Shareholders’ net... Read more of this article

BF&M Stops Dropbox Service Starting Saturday

BF&M Stops Dropbox Service Starting Saturday

BF&M said that starting this Saturday, physical dropbox collections at the BF&M building will be discontinued until further notice. A spokesperson said, “BF&M wishes to inform customers that starting this Saturday, physical dropbox collections at the BF&M building will be discontinued until further notice, in light of the state of... Read more of this article

Project Action’s Bus Back On The Road

Project Action’s Bus Back On The Road

Project Action Chairwoman Cindy Swan has announced that the initiative’s bus is back on the road to assist seniors and the physically challenged. A spokesperson said, “One thing is for sure: prayer does work and thankfully Project Action is blessed to have volunteers who have faithfully prayed for support to keep the wheels turning on the... Read more of this article

BF&M: Open For Business By Phone & Online

BF&M: Open For Business By Phone & Online

In light of the global outbreak of Covid-19 and in support of Bermuda’s efforts to limit any possible transmission, BF&M is closing its offices to walk-in customers and staff from Wednesday, March 18th, however will provide their services via phone and online. A spokesperson said, “In light of the global outbreak of COVID-19 and in support of... Read more of this article

Minister Foggo ‘Disheartened” By Job Losses

Minister Foggo ‘Disheartened” By Job Losses

Minister Lovitta Foggo said she was “disheartened” to hear of job losses at BF&M and advised those “affected by the redundancies that the Department of Workforce Development is available as an immediate resource.” BF&M previously confirmed that seven positions were affected, with two of the people who positions were... Read more of this article

Job Losses Due To ‘Restructuring’ At BF&M

Job Losses Due To ‘Restructuring’ At BF&M

Noting that they are “focused on operational efficiency and client service” and “staff according to the changing needs of the business,” BF&M has confirmed that seven positions were “involved in the restructuring” with two of the people affected offered new roles. The company confirmed that “there were seven... Read more of this article