Great Financial Corporation announces completion of stock repurchase plan.LOUISVILLE, Ky.--(BUSINESS WIRE)--June 27, 1995--Great Financial Corporation (NASDAQ:GTFN), parent of Great Financial Bank, FSB, announced today that on June 26, 1995, it completed its plan to repurchase 5% or 785,000 shares of the Company's outstanding common stock. The average cost Average cost In the context of investing, refers to the average cost of shares or stock bought at different prices over time. per share was $17.84. The current repurchase program was announced on April 20, 1995. The repurchased shares will be held as treasury shares Treasury Shares Shares issued in the name of the corporation. The shares are considered issued, but not outstanding.Usually refers to stock that was once traded in the market but has since been repurchased by the corporation. Treasury stock not considered when calculating dividends or earnings per share. and will be available for general corporate purposes. CONTACT: Great Financial Corporation, Louisville Robert Freeze, 502/562-6336 |
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