First Commonwealth Financial (FCF) Approves $50M Buyback

Article Stock Quotes (1) Comments (0)

First Commonwealth Financial Corporation (NYSE: FCF) today announced that its Board of Directors has authorized a share repurchase program of up to $50 million of the company's common stock. Based on yesterday's closing price of $6.22 per share as reported on the New York Stock Exchange, the authorized program represents approximately 8.0 million shares, or 8%, of the company's outstanding shares as of March 31, 2012.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Fulton Financial (FULT) Extends Common Stock Buyback Expiration
• Boeing (BA) Payouts Should Ramp as 787 Production Increases
• Smith & Wesson (SWHC) Announces Debt Exchange, $100M Buyback Plan

Create E-mail Alert Related Categories

Stock Buybacks

Related Entities

Stock Buyback

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?