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Bermuda Press (Holdings) Limited – Purchase of Shares
Hamilton, Bermuda – 17, January 2023 – In a filing with the Bermuda Stock Exchange (“BSX”), Bermuda Press (Holdings) Limited. (the “Company”; Ticker: BPH.BH) confirms the repurchase of its own shares. The full filing stated:
January 16, 2023
Per BSX Listing Regulation IIB (6.14, 2.i), Bermuda Press Holdings Limited confirms repurchase of its own shares on the BSX as follows:
December 13, 2022 – 15,000 shares at $8.00
December 16, 2022 – 5,000 shares at $8.00
January 3, 2023 – 300 shares at $8.00
The Board believes that our purchases, given the discount between book value and trading value of the Company’s shares, utilize the Company’s free cash flow to return value to the shareholders.
Muriel Richardson
Deputy Chairman
Jonathan Howes
CEO/Director
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