Stock BuybacksBy The Online Investor Staff, updated Sat., May. 8, 5:37 AM
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Slide #4. Territorial Bancorp Inc.
Territorial Bancorp Inc. (NASDAQ:TBNK)
Territorial Bancorp Inc. (NASDAQ: TBNK) (the "Company"), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors has adopted a tenth stock repurchase program. Under this repurchase program, the Company may repurchase up to $5,000,000 of the company's outstanding shares.
Territorial Bancorp is a savings and loan holding company. Through its subsidiary, Territorial Savings Bank, Co. provides financial services to individuals, families and businesses. Co. accepts deposits from the general public and invests those deposits, together with funds generated from operations and borrowings, in one- to four-family residential mortgage loans and investment securities. Co. also originates home equity loans and lines of credit, construction, commercial and other nonresidential real estate loans, consumer loans, multi-family mortgage loans and other loans. Through its subsidiary, Territorial Financial Services, Inc., Co. engages in insurance agency activities.
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Hold (2.00 out of 4)