PERRY, Fla. - First Financial Bancorp said its board has authorized the repurchase of up to 25,000 shares of the corporation's outstanding common stock, at prices not to exceed $12 a share.

Repurchases will be made from time to time in open-market transactions, beginning about Jan. 1.

The $191 million-asset corporation, whose stock is traded on the Nasdaq system, had a book value of $17.26 a share at Sept. 30.

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