ViewPoint Financial (VPFG) Approves 5% Buyback Plan

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ViewPoint Financial Group, Inc. (NASDAQ: VPFG) announced its intention to repurchase up to 5% of its total common shares outstanding, or approximately 1,978,871 shares. The new stock repurchase program follows the Company's previous stock repurchase program, which allowed for the repurchase of approximately 1,741,975 shares and expires on August 30, 2012. Under the previous program, 1,100,100 shares were repurchased. The new stock repurchase program, which is open-ended, commences August 27, 2012, and allows the Company to repurchase its shares from time to time in the open market and in negotiated transactions, depending upon market conditions.

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