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Mackinac Financial Corp Announces Stock Buyback Program


Friday, 1 Mar 2013 10:43am EST 

Mackinac Financial Corp announced that Board of Directors, at its February meeting, authorized a common stock repurchase program. The new program authorizes the repurchase of $600,000 of the Company's outstanding common stock over a two year period.Under this program, management is authorized to repurchase shares through Rule 10b5-1 plans, open market purchases, privately negotiated transactions, block purchases or otherwise in accordance with applicable federal securities laws. Depending on market conditions and other factors, repurchases may be made at any time or from time to time, without prior notice. The company may suspend or discontinue the program at any time. 

Latest Developments for Mackinac Financial Corp

Company Quote

12.47
-0.129 -1.02%
22 Jul 2014