FedFirst Financial Corporation Buyback
OLI recorded this information on 1/23/2013
Company:
FedFirst Financial Corporation
Buyback:
FFCO buyback
Share Amount Authorized:
254,000
Buyback Details:
FedFirst Financial Corporation 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.
FedFirst Financial is a holding company. Through its First Federal Savings Bank subsidiary, Co. provides residential, multi-family and commercial mortgages, consumer loans and commercial business loans as well as a range of deposit products for individuals and businesses in southwestern Pennsylvania. Co.'s deposit products include checking accounts, savings accounts, money market accounts, and certificates of deposit (including individual retirement accounts). Through its Exchange Underwriters, Inc. subsidiary, Co. provides property and casualty, commercial liability, surety and other insurance products. At Dec. 31 2013, Co. had total assets of $319.0 million and deposits of $219.2 million.
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