Anchor Bancorp (ANCB) Approves 77.5K Buyback

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Go back to Anchor Bancorp (ANCB) Approves 77.5K Buyback

Anchor Bancorp Announces New Stock Repurchase Program

March 11, 2016 1:56 PM EST

LACEY, Wash., March 11, 2016 (GLOBE NEWSWIRE) -- Anchor Bancorp (Company) (NASDAQ: ANCB), the holding company for Anchor Bank (Bank), today announced that its Board of Directors has authorized the repurchase of up to 77,500 shares of the Companys common stock.  The stock repurchase program follows the Companys completion of a repurchase program in 2015 and its repurchase of 50,000 shares.  In connection with the additional stock repurchase plan, the Companys Board of Directors also adopted a pre-arranged stock trading plan for the purpose of repurchasing shares of the Companys common stock in accordance with... More