In Brief: Ohio's FFY Financial In 5% Repurchase Plan

YOUNGSTOWN, Ohio - FFY Financial Corp. said that it would repurchase up to 5% of its outstanding shares, or 285,480 shares, in the open market over the next six months.

The $575 million-asset company, which owns First Federal Savings Bank of Youngstown, said that the repurchased shares will become available for general corporate purposes, including issuing shares in connection with stock options.

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