FedFirst Financial Corporation Announces 10% Stock Repurchase Program and Annual Meeting Date
23 Januar 2013 - 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 254,000 shares of the Company’s outstanding
common stock, which is approximately 10% of outstanding shares.
Purchases will be conducted solely through a Rule 10b5-1 repurchase
plan with Stifel, Nicolaus & Company, Incorporated. 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.
The Company also announced today that the Company’s annual
meeting of stockholders will be held on Thursday, May 23, 2013 at
10:00 a.m.
FedFirst Financial Corporation is the parent company of First
Federal Savings Bank, a community-oriented financial institution
operating seven 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.,
its 80% owned subsidiary.
Fedfirst Financial (NASDAQ:FFCO)
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