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Financial News

Mar 2025 Financial News

JMMB Group Limited - Share Buy Back Programme

Mar 06, 2025

The Trinidad and Tobago Stock Exchange Limited (TTSE) received notice from JMMBGL advising that the following JMMBGL ordinary shares were purchased on March 04 2025, under their share buyback programme. Below is the information as follows:

Effective date of purchase

Number of Ordinary Shares Purchased

Average Price JA$

March 04, 2025

32,379

22.23

Total

32,379

 

 

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
Thursday 6th March 2025