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BF&M Limited (“BF&M”) Announces a Share Buyback Programme
Hamilton, Bermuda: 26 April 2016 - In a filing with the Bermuda Stock Exchange (“BSX”), BF&M Limited (the "Company"; Ticker: BFM.BH) today announced a Share Buyback Programme. The filing stated:
BF&M Limited (“BF&M”) today announced that it will introduce a Share Buyback Programme.
The Share Buyback Programme will enable BF&M to repurchase, at its discretion, up to 500,000 Common Shares at market prices on the Bermuda Stock Exchange.
ENDS
BACKGROUND
BF&M Limited is the holding company of the BF&M Insurance Group. The two largest operating companies within the Group are BF&M Life Insurance Company Limited, a leading provider of life, health and pensions products, and BF&M General Insurance Company Limited, the leading general insurer providing all forms of property, casualty, motor and marine products. The group includes several other companies including BF&M Investment Services Limited, BF&M Properties Limited, (including Scarborough Property Holdings Limited and Barr’s Bay Properties Limited), Hamilton Financial Limited, Island Heritage Insurance Company Ltd, and a 51.3% interest in the Insurance Corporation of Barbados Limited.
For further information contact:- R. John Wight, CPA, CA, CPCU, Group President & Chief Executive Officer Phone 295 5566, Fax 292 8831, e-mail jwight@bfm.bm
