LOM (Holdings) Ltd has announced the repurchase of 9,576 of its shares on May 5, 2011 for cancellation at a price of $2.93 per share.LOM currently has 6,163,874 shares of common stock outstanding.“These stock repurchase demonstrate our confidence in the company and its future and represents our commitment to enhance value for shareholders” said Malcolm Moseley, executive vice-president and chief financial officer of LOM.