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Updated: 11-03-2025 - 12:00PM   5 7 CLOSED

Financial News

Mar 2025 Financial News

JMMB Group Limited - Share Buy Back Programme

Mar 11, 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 March 06 and March 07, 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 06, 2025 128,251 21.98
March 07, 2025 5,000 21.50
Total 133,251  


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
Tuesday 11th March 2025