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.
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by RTT Staff Writer
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