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Financial News

Feb 2025 Financial News

JMMB Group Limited - Share Buy Back Programme

Feb 24, 2025

The Trinidad and Tobago Stock Exchange Limited (TTSE) received notice from JMMBGL advising that the following JMMBGL ordinary shares were purchased on February 21st, 2025, under their share buyback programme. Below is the information as follows.

 

Effective date of purchase

Number of Ordinary Shares Purchased

Average Price JA$

February 21, 2025

45,000

21.20

Total

45,000

 


JMMBGL further advised as follows:

1. The purpose of the purchase was to bolster shareholder value over time.

2. The maximum intended repurchase is a total of JA$300,000,000.

3. The source of funding was cash on their balance sheet.

4. The shares were repurchased on the open market via their broker, JMMB Securities Limited.


Source:
The Trinidad and Tobago Stock Exchange Limited
Monday 24th February 2025