Key Developments For BankFinancial Corporation
BankFinancial Corporation (BFIN.O) (Nasdaq)
BankFinancial Corporation Declares Cash Dividend; Extends Share Repurchase Program
BankFinancial Corporation announced that its Board of Directors has declared a cash dividend of $0.07 per common share. The dividend will be payable on December 4, 2009 to stockholders of record on November 11, 2009. In addition, the Board of Directors announced that it has extended the expiration date of the Company's current share repurchase authorization from November 16, 2009 until May 17, 2010. The authorization permits shares to be repurchased in open market or negotiated transactions, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission. The authorization will be utilized at management's discretion, subject to the guidelines set forth in Rule 10b-18 of the Securities and Exchange Commission and other applicable legal requirements, and to price and other internal guidelines established by the Company's Board of Directors. The authorization will expire on May 17, 2010, and may be suspended, terminated or modified at any time prior to that date for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other factors deemed appropriate. These factors may also affect the timing and amount of share repurchases.
BankFinancial Corporation Declares Cash Dividend
BankFinancial Corporation announced that its Board of Directors has declared a cash dividend of $0.07 per common share. The dividend will be payable on September 4, 2009 to stockholders of record on August 12, 2009.
BankFinancial Corporation Declares Cash Dividend; Extends Share Repurchase Program
BankFinancial Corporation announced that its Board of Directors has declared a cash dividend of $0.07 per common share. The dividend will be payable on June 5, 2009 to stockholders of record on May 13, 2009. In addition, the Board of Directors announced that it has extended the expiration date of the Company's current share repurchase authorization from May 15, 2009 until November 16, 2009. The authorization permits shares to be repurchased in open market or negotiated transactions, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission. The authorization will expire on November 16, 2009, and may be suspended, terminated or modified at any time prior to that date for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other factors deemed appropriate. These factors may also affect the timing and amount of share repurchases. The authorization does not obligate the Company to purchase any particular number of shares.
BankFinancial Corporation Declares Cash Dividend
BankFinancial Corporation announced that its Board of Directors has declared a cash dividend of $0.07 per common share. The dividend will be payable on March 6, 2009 to stockholders of record on February 11, 2009.
BankFinancial Corporation Updates On Share Repurchase Program
BankFinancial Corporation announced that it has extended the expiration date of the Company's current share repurchase authorization from November 15, 2008 until May 15, 2009, and has increased by 1,240,400 shares the number of shares that can be repurchased in accordance with the authorization. The increase represents approximately 5.7% of the Company's issued and outstanding shares of common stock as of November 10, 2008. As of November 10, 2008, the Company had repurchased 3,547,423 shares of its common stock out of the 3,807,023 shares that had been previously authorized for repurchase. As a result of these actions, the Company is currently authorized to repurchase 1,500,000 shares of common stock.
