Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

OBA Financial Services Adopts Second Repurchase Program - Quick Facts

RELATED NEWS
Trade OBAF now with 
3/16/2012 4:58 PM ET

OBA Financial Services Inc., (OBAF: Quote) announced that its Board adopted a second stock repurchase program to begin at the conclusion of the initial program. The company stated that it may repurchase up to 208,294 shares of its common stock, or approximately 5% of the shares outstanding at the end of the initial program, in the second repurchase program.

The company said that its initial repurchase program was effectively complete, having repurchased 443,700 shares of its common stock of the 462,875 shares approved in that initial program.

Click here to receive FREE breaking news email alerts for OBA Financial Services, Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Intel Corp. said Tuesday after the markets closed that its first quarter profit fell 5% from last year, hurt mainly by higher income tax expenses even as revenue grew slightly. The company's quarterly earnings per share came in above analysts' expectations, but its quarterly revenue fell shy of analysts' forecast. With traders digesting a mixed batch of catalysts, stocks saw considerable volatility over the course of the trading day on Tuesday before closing mostly higher. The gains on the day extended the recovery off the two-month lows set last Friday. The major averages showed a notable rebound in afternoon trading to end the day in positive territory. U.S. President Barack Obama and his Russian counterpart Vladimir Putin spoke regarding the ongoing crisis in Ukraine for the first time in over two weeks on Monday, although the two leaders remain far apart on the cause of escalating tensions.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.