FedFirst Financial Corporation Announces Stock Repurchase Program
28 März 2007 - 10:30PM
Business Wire
FedFirst Financial Corporation (NASDAQ Capital: FFCO) today
announced that the Company�s board of directors has approved the
repurchase of up to 153,500 shares of the Company�s outstanding
common stock, which is approximately 5% of outstanding shares held
by persons other than FedFirst Financial Mutual Holding Company.
Purchases will be conducted solely through a Rule 10b5-1 repurchase
plan with Sandler O�Neill & Partners, L.P. Purchases will be
based upon the parameters of the Rule 10b5-1 repurchase plan. The
Rule 10b5-1 repurchase plan allows the Company to repurchase its
shares during periods when it would normally not be active in the
market due to its internal trading blackout period. FedFirst
Financial Corporation is the parent company of First Federal
Savings Bank, a community-oriented financial institution operating
eight full-service branch locations in southwestern Pennsylvania.
First Federal offers a broad array of retail and commercial lending
and deposit services and provides commercial and personal insurance
services through Exchange Underwriters, Inc.
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