Printer Friendly

William Penn Bancorp, Inc. Completes Stock Repurchase.

[[para]]LEVITTOWN, Pa., May 29, 2015 /PRNewswire/ -- William Penn Bancorp, Inc. (OTC Pink: WMPN), the holding company for William Penn Bank, announced today that it had completed a repurchase of 20,000 shares, or 2.03%, of the Company's outstanding common stock, excluding shares held by William Penn MHC. After the transaction, the Company has 964,305 shares of common stock outstanding, excluding shares held by William Penn MHC. The repurchase was undertaken in an unsolicited, privately negotiated transaction with a single shareholder outside of the stock repurchase plan announced in December 2014. The Company has 1,230 shares of common stock remaining for repurchase under the previously announced stock repurchase plan.[[/para]]

William Penn Bancorp, Inc. is the mid-tier holding company for William Penn Bank which operates from its main office in Levittown, Pennsylvania, and branch offices located in Morrisville and Richboro, Pennsylvania. William Penn Bank's deposits are insured up to the maximum legal amount by the Federal Deposit Insurance Corporation (FDIC). William Penn Bancorp's common stock is traded on OTC Pink under the symbol "WMPN."

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/william-penn-bancorp-inc-completes-stock-repurchase-300090708.html</a>

SOURCE William Penn Bancorp, Inc.

COPYRIGHT 2015 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2015 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:May 29, 2015
Words:241
Previous Article:PSEG Long Island Teaches Electrical Safety Year-Round.
Next Article:U.S. Navy Awards General Dynamics $46 Million for USS Montpelier Maintenance and Modernization.
Topics:

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