First Farmers Financial Corp. Announces Common Stock Buyback Program 14th Corporate Stock Buyback since October 2017
April 13, 2021 14:55 ET | Source: First Farmers Financial Corporation First Farmers Financial Corporation Converse, Indiana, UNITED STATES
Converse, Indiana, April 13, 2021 (GLOBE NEWSWIRE) First Farmers Financial Corp. (OTCQX:FFMR), announced that the Board of Directors has approved a plan to repurchase up to $2 million in the Corporation’s outstanding common stock on the open market.
The timing, price, and quantity of purchases under the stock repurchase plan will be at the discretion of management and may be discontinued, suspended, or restarted at any time. The program will be funded from current available working capital. The board feels the stock repurchase plan will provide capital management opportunities and add value for the Company’s shareholders depending upon market and busi