Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Provident Financial Announces New Stock Buyback Program

RELATED NEWS
Trade PROV now with 

Provident Financial Holdings, Inc. (PROV: Quote), the holding company for Provident Savings Bank, F.S.B., said Thursday that its Board of Directors authorized the repurchase of up to 5% of the company's common stock, or about 522,523 shares.

The company said it will purchase the shares from time to time in the open market or through privately negotiated transactions over a one-year period depending on market conditions, the capital requirements of the Company, and available cash that can be allocated to the stock repurchase plan, among other considerations.

The March 2013 stock repurchase program is effective immediately, since the company has completed the April 2012 stock repurchase program by purchasing the remaining 160,534 shares during the quarter ending March 31, 2013.

Click here to receive FREE breaking news email alerts for Provident Financial Holdings Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Swiss drug maker Roche Holding said a late-stage trial of its breast cancer drug Kadcyla did not provide superior results compared with an existing therapy. FCA US, until recently known as Chrysler, said Friday it is recalling 257,000 Dodge Ram pickups. The auto maker says the rear axle pinion nut on certain model year 2005 Dodge Ram 1500 trucks may loosen due to an undersized spline on the pinion gear. If the pinion nut loosens, the rear axle may... This medical device company has a very impressive track record of growing business over the past decade. increasing sales from $490.2 million in 2004 to $1.72 billion this year. The Silicone Hydrogel daily disposable lens portfolio constitutes a major avenue for growth.
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.