T R Financial completes 5% stock buyback.

GARDEN CITY, N.Y. -- T R Financial Corp., the holding company for Roosevelt Saving Bank, has completed the repurchase of 5%, or 568, 100 shares, of its outstanding common stock.

After the purchases, there were 10,794,700 shares outstanding.

T R Financial Corp. shares closed yesterday unchanged at 13 on volume of 144,900 shares.

John M. Tsimbinos, chairman and chief executive, said the shares came at a significant discount to book value, consistent with the company's objective of enhancing long-term shareholder value.

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