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Bank of Butterfield Continues Share Buyback
Hamilton, Bermuda: August 2, 2006 -- The Bermuda Stock Exchange (BSX) has today been advised that in the month of July 2006 the Bank's Stock Option Trust purchased 10,103 shares at an average price of BD$57.27 which are intended to be used to satisfy the Bank's obligations in respect of the Directors', Officers' and Employees Stock Option Plans.
The repurchases were made under the share repurchase programme announced January 5, 2000.
There were no shares bought back and cancelled during July.