A Bermuda buyback, and inflation at 2.5%

BAS, a Bermuda-listed company, has opened a share repurchase, while the island's April inflation came in at a mild 2.5%.

BAS, a Bermuda-listed company, has announced a share buyback, returning cash to shareholders. Separately, Bermuda's consumer price index rose 2.5% in April from a year earlier (Bermuda Government, Department of Statistics), a mild reading that stands in contrast to the price pressure driving rate rises elsewhere in the region.