AJS Bancorp, Inc. Announces Stock Repurchase Program.MIDLOTHIAN, Ill. -- AJS AJS American Journal of Sociology AJS American Judicature Society AJS American Journal of Surgery AJS Association for Jewish Studies AJS Americans for Job Security AJS Administration of Justice Studies AJS America-Japan Society AJS AJ Stevens Bancorp, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AJSB), the holding company for A.J. Smith Federal Savings Bank Noun 1. federal savings bank - a federally chartered savings bank FSB savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks , announced today that its Board of Directors has authorized the Company to add an additional 100,000 shares to the current stock repurchase Stock repurchase A firm's repurchase of outstanding shares of its common stock. program. The Company had previously authorized 117,000 on May 18, 2004 of which 82,254 shares have already been repurchased. The repurchases generally would be effected through open market purchases, although the Company does not rule out the possibility of unsolicited negotiated transactions or other types of repurchases. At December 31, 2004, the Company reported total assets of $270.9 million and stockholders' equity of $30.5 million. |
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