United Financial Announces Buy Back - RTT News
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http://www.rttnews.com/Content/BreakingNews.aspx?Node=B1&Id=636575 &Category=Breaking New
United Financial Announces Buy Back of 359.58K Shares
6/20/2008 11:45 AM ET
United Financial Bancorp Inc. (UBNK: News, Chart, Quote ),
the holding company for United Bank said its board of directors
approved a stock repurchase plan to fund awards of restricted stock
contemplated under the its 2008 Equity Incentive Plan. Under the plan,
the company intends to repurchase up to 359.58 thousand shares.
The
authorized share repurchases represent approximately 2.0% of the
company's total outstanding shares of common stock. As on June 19, the
Company had 17.76 million common shares outstanding.
by RTT Staff Writer
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