Printer Friendly

FINANCIAL SECURITY TO REPURCHASE COMMON STOCK

 CHICAGO, Jan. 5 /PRNewswire/ -- Daniel K. Augustine, president and CEO of Financial Security Corp. (NASDAQ: FNSC), announced today that Financial Security Corp. had received authorization from the Office of Thrift Supervision to repurchase up to 81,664 shares (5 percent) of its issued and outstanding common stock. Augustine stated that, "The repurchase of the corporation's stock is an effective way of enhancing shareholders value and is an integral part of our long term plan."
 Financial Security Corp. is the holding company for Security Federal Savings of Chicago and is traded on the NASDAQ under the symbol FNSC.
 -0- 1/5/94
 /CONTACT: William Preissner of Financial Security Corp., 312-227-7020/
 (FNSC)


CO: Financial Security Corp. ST: Illinois IN: FIN SU:

LG -- NY040 -- 9327 01/05/94 11:58 EST
COPYRIGHT 1994 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1994 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 5, 1994
Words:128
Previous Article:WALL STREET BY FAX ANNOUNCES THE FIRST FAX-ON-DEMAND FINANCIAL INFORMATION SERVICE
Next Article:/NYSE CLOSING, TUESDAY JAN. 4 /PRN/
Topics:

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters