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Financial News

Feb 2025 Financial News

JMMB Group Limited - Share Buy Back Programme

Feb 26, 2025

NOTICE OF MATERIAL INFORMATION
JMMB GROUP LIMITED (JMMBGL)


The Trinidad and Tobago Stock Exchange Limited (TTSE) received notice from JMMBGL advising that the following JMMBGL ordinary shares were purchased on February 25th, 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 25, 2025 18,636 21.34
Total 18,636  


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
Wednesday 26th February 2025