First Financial Northwest (FFNW) Approves Stock Buyback Plan
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First Financial Northwest, Inc. (Nasdaq: FFNW), the parent company of First Savings Bank Northwest, has authorized the repurchase of up to 914,112 shares of its common stock. The shares to be repurchased represent 4% of the Company's total outstanding shares. The shares will be used to fund the Company's 2008 Equity Incentive Plan that was approved by the Company's shareholders at the reconvened Annual Meeting of Shareholders that was held on June 20, 2008.
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