Athens Bancshares Corporation (AFCB) Authorizes Third Stock Repurchase

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Athens Bancshares Corporation (Nasdaq: AFCB) (the "Company"), the holding company for Athens Federal Community Bank, announced today that its Board of Directors has authorized a third stock repurchase program. The new program authorizes the repurchase of up to 124,714 shares, or 5.0%, of the Company's outstanding common stock. Repurchases will be conducted through open market purchases, which may include purchases under a trading plan adopted pursuant to Securities and Exchange Commission Rule 10b5-1, or through privately negotiated transactions.

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