FedFirst Financial Corporation Announces Approval of New Stock Repurchase Program
23 Mai 2008 - 4:30PM
Business Wire
FedFirst Financial Corporation (NASDAQ Capital:FFCO) today
announced that the Company�s board of directors approved a program
to repurchase up to 140,000 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 under the program will be conducted solely through a Rule
10b5-1 repurchase plan with Sandler O'Neill & Partners, L.P.
and 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 nine 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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