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FIRSTFED BANCSHARES, INC. COMPLETES 2ND REPURCHASE PROGRAM

 DES PLAINES, Ill., May 11 /PRNewswire/ -- FirstFed Bancshares, Inc. (NASDAQ: FFDP), a single bank holding company that owns First Federal Bank for Savings, Des Plaines, announced the completion of its second repurchase of holding company shares.
 As authorized by regulatory authority, the repurchase was made in the open market and was for 5 percent of the shares outstanding, or 153,500 shares, at an average price of $18.77 per share.
 -0- 5/11/93
 /CONTACT: Larry G. Gillie, executive vice president, FirstFed Bancshares, Inc., 708-824-6500/
 (FFDP)


CO: FirstFed Bancshares, Inc. ST: Illinois IN: FIN SU:

SM -- DE025 -- 7157 05/11/93 14:54 EDT
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Publication:PR Newswire
Date:May 11, 1993
Words:105
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