LOM (Holdings) Limited has bought 200 of its own shares for cancellation at a price of $2.50 a share, the company said yesterday.Publicly held LOM purchased the shares on May 10, which was their most recent trade. Their 52-week high has been $3.60The financial services company currently has 6,148,974 shares of common stock outstanding.“This stock repurchase demonstrates our confidence in the company and its future and represents our commitment to enhance value for shareholders,” said Malcolm Moseley, executive vice president and CFO of LOM.In April, LOM posted a 2011 loss of $1.47 million, it said was driven by writedowns of the value of its stake in the Bermuda Stock Exchange and in a portfolio management system that failed to work.In business for 19 years, LOM today has more than $640 million in client assets under administration and provides brokerage, asset management, and corporate finance services to its primarily high net-worth individual and institutional customers in over 75 countries around the world. The consolidated group is debt free and has shareholder’s equity of over $16 million, LOM said.