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FOURTH FINANCIAL CORP. AUTHORIZES SHARES REPURCHASE PROGRAM

 WICHITA, Kan., April 26 /PRNewswire/ -- The board of directors of Fourth Financial Corp. (NASDAQ-NMS: FRTH) today announced it has authorized the repurchase of up to 500,000 shares of its common stock. The purchase program will be in effect during the remainder of 1993 and will involve one or more transactions in the open market at the then- current market prices. Shares thus acquired will be used for general corporate purposes. The company currently has approximately 22.4 million common shares outstanding.
 Fourth Financial Corp. is a Wichita-based bank holding company with consolidated assets of $5.5 billion. The company currently operates 79 offices in 31 Kansas communities through its BANK IV Kansas subsidiary and 16 offices in Tulsa through its BANK IV Oklahoma subsidiary. The BANK IV banks provide a full line of banking and financial services for consumers, agriculture, small businesses and mid- to large-sized companies. Fourth Financial's common stock and depositary shares are traded on the NASDAQ national market system under the symbols "FRTH" and "FRTHZ," respectively.
 -0- 4/26/93
 /CONTACT: Michael J. Shonka (investors), chief financial officer, 316-261-4510, or R. Brent Thompson (media), senior vice president, 316-261-4403, both of Fourth Financial/
 (FRTH)


CO: Fourth Financial Corp. ST: Kansas IN: FIN SU:

GK -- NY116 -- 0972 04/26/93 16:46 EDT
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Publication:PR Newswire
Date:Apr 26, 1993
Words:215
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