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Park Sterling Corp Announces New Share Repurchase Authorization


Friday, 2 Nov 2012 07:30am EDT 

Park Sterling Corp announced that board of directors has approved a new share repurchase program for up to 2.2 million common shares, or approximately 5% of the Company's 44,573,853 outstanding dilutive common shares. The share repurchase authorization, which is effective immediately and extends for twenty-four months, permits the Company to effect the repurchases from time to time through a combination of open market repurchases, privately negotiated transactions, accelerated share repurchase transactions, and other derivative transactions. 

Company Quote

6.95
-0.11 -1.56%
12 Sep 2014