Capitol Federal Financial (CFFN), the holding company for Capitol Federal Savings Bank, said Tuesday that its Board of Directors has approved a new stock repurchase program, under which the company plans to repurchase up to 250,000 shares of its common stock.
The shares would be held as treasury stock for general corporate use. The previous plan was completed on January 20, 2010.
The authorized share repurchases represent about 1% of Capitol Federal Financial's shares eligible to receive dividends as of December 31, 2009.
Capitol Federal Financial is which operates 44 branch offices in Kansas.
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