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Butterfield: Treasury Shares – Renewal of Buy Back Programme
Hamilton, Bermuda: 05 April 2016 – The Bank of N.T. Butterfield & Son Limited (the “Bank”; Ticker: NTB.BH) today announced that it 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.
Contact: Mr. A. Shaun Morris
General Counsel and Group Legal Officer
Bank of N.T. Butterfield & Son Limited.
Tel: 441 295 1111
Fax: 441 295 5951