Flushing Financial Corp. (FFIC), the parent holding company for Flushing Bank, said Wednesday that its Board of Directors has authorized the purchase of up to 1 million shares of its common stock.
Stock will be purchased from time to time, in the open market or through private transactions, subject to market conditions. There is no expiration or maximum dollar amount under the latest authorization.
The company also said it had completed its previous purchase authorization by recently purchasing 367,402 common shares.
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