Printer Friendly

ROYAL BANK OF PENNSYLVANIA ANNOUNCES STOCK REPURCHASE RESOLUTION

 ROYAL BANK OF PENNSYLVANIA ANNOUNCES STOCK REPURCHASE RESOLUTION
 NARBERTH, Pa., Sept. 21 /PRNewswire/ -- Royal Bank of Pennsylvania's (NASDAQ-NMS: RBPAA) board of directors has approved a resolution authorizing the bank to repurchase up to 6 percent of the outstanding shares of the corporation's Class A common stock.
 Aggregate purchases are not to exceed $2 million. Any purchases made are subject to regulatory approval which has not yet been obtained.
 Royal Bank of Pennsylvania, with nine offices in southeastern Pennsylvania, caters to growing businesses and professionals with annual sales of $1 million to $25 million. Executive offices are located in Narberth, with branches in King of Prussia, Phoenixville, Bridgeport, Trooper, Jenkintown and Center City Philadelphia.
 Royal Bank of Pennsylvania is a public company whose stock is traded on the National Market System of NASDAQ. The bank's symbol is RBPAA.
 /delval/
 -0- 9/21/92
 /CONTACT: Eileen Knott, vp-financial of Royal Bank, 215-668-4700/
 (RBPA) CO: Royal Bank of Pennsylvania ST: Pennsylvania IN: FIN SU:


MP-LJ -- PH035 -- 1735 09/21/92 13:39 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Sep 21, 1992
Words:170
Previous Article:DATAPOINT ANNOUNCES DIVIDEND ON PREFERRED STOCK
Next Article:PARTNERS OIL COMPANY ENTERS AGREEMENT WITH ENDOWMENT ENERGY PARTNERS, L.P.
Topics:


Related Articles
ROYAL BANK OF PENNSYLVANIA ANNOUNCES STOCK REPURCHASE RESOLUTION
MELLON BANK CORPORATION ANNOUNCES 5 MILLION COMMON SHARE REPURCHASE
Fidelity Bancorp, Inc. to Buy Back as Much as 5% of Its Stock
Laurel Capital Group, Inc. to Repurchase Up to 75,780 Shares of Common Stock
First Western Announces Stock Repurchase Program Authorization
Commonwealth Bancorp, Inc. Completes Common Stock Repurchase
Progress Financial Corporation to Repurchase up to 257,000 Shares Of Common Stock.
Royal Bancshares of Pennsylvania Announces a Third Quarter Cash Dividend.
Progress Financial Corporation Announces Offering Of $6 Million of 11.445% Trust Preferred Securities.
Royal Bank of Pennsylvania's Holding Company - Royal Bancshares of Pennsylvania, Inc. Announces a Cash Dividend.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters