In Brief: National City of Ind. Gets Nod for Buyback

National City Bancshares said recently its board approved the repurchase of up to 5% of the company's outstanding common stock over the next 12 months at market prices.

The repurchased stock will be used for a future stock dividend, acquisitions, or other corporate purposes.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER