Brookline Bancorp Announces Stock Repurchase Program.BROOKLINE Brookline (br  k`līn), town (1990 pop. 54,718), Norfolk co., E Mass., a suburb adjacent to Boston; settled 1630s, set off from Boston and inc. 1705. , Mass.--(BUSINESS WIRE)--Oct. 21, 1998--Brookline Bancorp, Inc. (the "Company") (NASDAQ NASDAQin full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BRKL) has received regulatory approval to repurchase re·pur·chase tr.v. re·pur·chased, re·pur·chas·ing, re·pur·chas·es To buy (something) again. n. The act of buying something that one previously sold or owned. Noun 1. 1,454,750 shares of common stock, or 5% of total shares outstanding. The Board of Directors delegated to the discretion of the Company's senior management the authority to determine the timing of the repruchase program's commencement and the prices at which repurchases will be made. Richard Ri·chard , Joseph Henri Maurice Known as "Rocket." 1921-2000. Canadian hockey player. A right wing for the Montreal Canadiens (1942-1960), he led his team to eight Stanley Cup championships and was the first player to score 50 goals in a P. Chapman, Jr., President and Chief Executive Officer of the Company, stated the extent to which shares are repurchased will depend on a number of factors including market trends and prices, economic conditions and the strength of the Company's capital in relation to its activities. |
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