BV Financial, Inc. Announces Stock Repurchase Program.BALTIMORE -- BV Financial, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BVFL) today announced that the Company's Board of Directors has approved the repurchase of up to 10% of the Company's outstanding common stock (excluding shares held by the Company's mutual holding company, Bay-Vanguard M.H.C.), or approximately 97,830 shares. Repurchases, which will be conducted through open market purchases or privately negotiated transactions, will be made from time to time depending on market conditions and other factors. Repurchased shares will be held in treasury. BV Financial, Inc. is the parent company of Bay-Vanguard 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 . Bay-Vanguard Federal Savings Bank is headquartered in Baltimore, Maryland "Baltimore" redirects here. For the surrounding county, see Baltimore County, Maryland. For other uses, see Baltimore (disambiguation). Baltimore is an independent city located in the state of Maryland in the United States. with four other branches in the Baltimore metropolitan area Baltimore-Towson, MD MSA is a U.S. Metropolitan Statistical Area (MSA) as defined by the United States Office of Management and Budget (OMB) as of November 2004. It is located in Maryland and had a population of 2,655,675 as of 2005, making it the 19th most populus MSA in the . The Bank is a full service community-oriented financial institution dedicated to serving the financial service needs of consumers and businesses within its market area. |
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