First Federal Bancshares Completes Repurchase
by June 25, 2001 12:00 am 70 views
First Federal Bancshares of Arkansas Inc. of Harrison announced on June 14 that it had completed its stock repurchase.
The action began Feb. 20 and ended June 12. The company repurchased more than 175,000 shares, which will be reflected as treasury shares and will be available for general corporate purchases, the company said.
The company is now repurchasing an additional 166,668 shares, or about 5 percent of the its common stock.
First Federal Bancshares has assets of $694.7 million and 16 offices in Arkansas.