CLARENDON HILLS, Ill. - MAF Bancorp announced that its board of directors has authorized a new stock repurchase program authorizing the company to buy back up to 100,000 shares of its common stock over the next year.

The $1.7 billion-asset company, which owns Mid America Federal Savings Bank, said the repurchased stock will be held as treasury stock to be used for general corporate purposes.

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.