In Brief: Firstfed of Illinois In Repurchase Plan

DES PLAINES, Ill. - Firstfed Bancshares said it will repurchase 250,000 of its outstanding shares in the open market.

The company, which owns $558 million-asset First Federal Bank for Savings, said it will execute the program through the Chicago Corp. At March 31, it had more than 2.5 million shares outstanding.

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