YOUNGSTOWN, Ohio - FFY Financial Corp., the holding company for First Federal Savings Bank of Youngstown, announced that it would repurchase up to 5% of its outstanding shares, or 299.411 shares, in the open market over the six months starting on or after Sept. 14. The $584 million-asset company converted to a stock institution in June 1993.

The repurchased shares will become treasury shares available for general corporate purposes, including the issuance of shares in connection with the exercise of stock options.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.