Community & Workers of Jamaica Co-operative Credit Union Limited (CWJCCU) advises that 9,299 shares were purchased on November 17th and 18th, 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) |
3,291 |
November 17, 2022 |
$5,857.98 |
|
2 |
Community and Workers of JA Co-op Credit Union Ltd (Buy-Back) |
8 |
November 17, 2022 |
$14.24 |
|
3 |
Community and Workers of JA Co-op Credit Union Ltd (Buy-Back) |
6,000 |
November 18, 2022 |
$10,680.00 |
|
|
Total |
9,299 |
|
$16,552.22 |
