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.

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.