LOM News
03-12-2010 - LOM Fixed Income Fund earns five-star rating
02-25-2010 - LOM Releases Research report on BCB
02-25-2010 - LOM Releases Research report on BNTB
01-29-2010 - Notice for LOM Cayman Customers
01-25-2010 - Follow us on Facebook
01-15-2010 - LOM Group Announces Reorganization of Caribbean Operations
11-27-2009 - Christmas 2009 Event
11-23-2009 - Jon Heckscher to Speak at Cayman Captive Forum
11-10-2009 - LOM Announces Staff Appointments
Press Release - July 14, 2009
HAMILTON, BERMUDA, July 14 – LOM (Holdings) Limited (LOM) today announced that during the second quarter of 2009 it purchased 11,300 of its own shares for cancellation at an average price of $3.60 per share.
LOM is authorized to purchase shares from time to time in the open market, privately negotiated transactions, or through block trades. The number of shares ultimately repurchased, and the timing of the purchases, will depend upon market conditions, share price, and other factors. LOM currently has 6,279,350 shares of Common Stock outstanding.
“These stock repurchases demonstrate our confidence in the company and represents our commitment to enhance value for shareholders,” said Malcolm Moseley, Executive Vice President and Chief Financial Officer of LOM.
About LOM (Holdings) Limited
LOM is a publicly-held, international financial services company, providing a complete range of investment services and products through its regulated offices in Bermuda, Bahamas and Grand Cayman. Founded in Bermuda in 1992, LOM provides brokerage, asset management, and corporate finance services to its diverse customer base in over 75 countries around the world. LOM is publicly listed on the Bermuda Stock Exchange (symbol LOM BH). The consolidated group is debt-free and has shareholder’s equity of $19 million.
