VSB Bancorp, Inc. Buyback
OLI recorded this information on 6/11/2015
Company:
VSB Bancorp, Inc.
Buyback:
VSBN buyback
Share Amount Authorized:
100,000
Buyback Details:
VSB Bancorp, Inc. (the "Company") (OTCQX: VSBN), the holding company for Victory State Bank, announced today that its Board of Directors has authorized the Company's fourth Rule 10b5-1 stock repurchase program for the repurchase of up to 100,000 shares of the Company's common stock. The Company repurchased 300,000 shares of its common stock under three previously announced repurchase programs in 2011, 2009 and 2008. This fourth stock repurchase program will commence immediately, subject to market conditions.
VSB Bancorp is a bank holding company. Through its subsidiary, Victory State Bank, Co. is engaged in the business of accepting commercial deposits from primarily the general public and investing those deposits, together with funds generated from operations and repayments on existing investments, primarily in loans for business purposes and investment securities. As of Dec 31 2012, Victory State Bank serves its primary market of Staten Island, NY through its five banking offices. Also, as of the same date, Co. had total assets of $269.7 million and total deposits of $240.7 million.
Open the VSBN Page at The Online Investor »
|
||||||||||||
Open the VSBN Page at The Online Investor (in a new window) »
 Free VSBN Email Alerts:
Get SEC Filing Alerts Get Dividend Alerts 
|
