DES PLAINES, Ill. -- Firstfed Bancshares said it plans to buy back 5% of its outstanding shares in the open market over the next six months.

The company said the shares will be purchased at prevailing market prices from time to time during the period, depending on market conditions.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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