Community & Workers of Jamaica Co-operative Credit Union Limited (CWJCCU) advises that 91,509 shares were purchased between November 23rd and 29th November 2022, under the Company’s Share Buy-Back Programme.
CWJCCU further advises as follows:
- The purpose of the purchase was to unlock shareholder value by purchasing at a price that is at a significant discount to our book value per share consistent with the strategy previously disclosed.
- The Share Buy-Back programme continues up to 10% of the Company’s 7.35% deferred shares in issue as stated in its Notice dated November 12, 2021.
- The source of funding was cash on our balance sheet.
- The shares were repurchased on the open market via our broker.
|
|
Name |
Vol. of Shares Traded |
Trade Date |
Value of Shares Traded |
|
1 |
Community and Workers of JA Co-op Credit Union Ltd (Buy-Back) |
77,331 |
November 23, 2022 |
$137,649.18 |
|
2 |
Community and Workers of JA Co-op Credit Union Ltd (Buy-Back) |
1,578 |
November 24, 2022 |
$2,808.84 |
|
3 |
Community and Workers of JA Co-op Credit Union Ltd (Buy-Back) |
50 |
November 28, 2022 |
$89.00 |
|
4 |
Community and Workers of JA Co-op Credit Union Ltd (Buy-Back) |
6,500 |
November 28, 2022 |
$11,570.00 |
|
5 |
Community and Workers of JA Co-op Credit Union Ltd (Buy-Back) |
1,050 |
November 28, 2022 |
$1,869.00 |
|
6 |
Community and Workers of JA Co-op Credit Union Ltd (Buy-Back) |
5,000 |
November 29, 2022 |
$8,900.00 |
|
|
Total |
91,509 |
|
$162,706.02 |
