BURR RIDGE, Ill., Oct. 16, 2018 (GLOBE NEWSWIRE) — BankFinancial Corporation (Nasdaq – BFIN) appear today that its Board of Directors has added the cardinal of shares that can be repurchased in accordance with the allotment by 180,000 shares. The Aggregation is accretion the bulk of shares accustomed for repurchase as allotment of its connected efforts to added advance absolute actor return. Pursuant to this added allotment repurchase authorization, there are 355,658 shares of accepted banal accustomed for repurchase through April 30, 2019.
The allotment permits shares to be repurchased in accessible bazaar or adjourned transactions, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission. The allotment will be activated at management’s discretion, accountable to price, aggregate and added centralized limitations that will be accustomed by the Company’s Board of Directors, and to the limitations set alternating in Rule 10b-18 of the Securities and Exchange Commission and added applicative acknowledged requirements. Allotment repurchases will be adjourned from accessible alive capital.
The allotment does not astrict the Aggregation to acquirement any accurate cardinal of shares at any accustomed bulk per allotment at any time. The allotment may be suspended, concluded or adapted at any time for any reason, including bazaar conditions, the bulk of repurchasing shares, the availability of another advance opportunities, liquidity, and added factors accounted appropriate. These factors, as able-bodied as centralized restrictions on trading in the Company’s shares during specific time periods, may additionally affect the timing and bulk of allotment repurchases.
BankFinancial Corporation is the captivation aggregation for BankFinancial, NA, a full-service, community-oriented coffer accouterment cyberbanking casework to individuals, families and businesses through 19 full-service cyberbanking offices, amid in Cook, DuPage, Lake and Will Counties, Illinois. At September 30, 2018, BankFinancial had absolute assets of $1.532 billion, absolute loans of $1.268 billion, absolute deposits of $1.296 billion and stockholders’ disinterestedness of $192 million. BankFinancial Corporation’s accepted banal trades on the Nasdaq Global Select Bazaar beneath the attribute BFIN.
This absolution includes “forward-looking statements” as authentic in the Private Securities Litigation Reform Act of 1995. Such statements may be articular by words such as “believes,” “will,” “expects,” “project,” “may,” “could,” “anticipate,” “estimates,” “intends,” “plans” and agnate expressions. These statements are based aloft the accepted behavior and expectations of the Company’s administration and are accountable to cogent risks and uncertainties. A array of factors could account the Company’s absolute after-effects to alter from those accepted at the time of this release. For a altercation of some of the factors that may account absolute after-effects to alter from expectations, amuse accredit to the Company’s best contempo Annual Report on Form 10-K as filed with the SEC. Investors are apprenticed to analysis all advice independent in these reports, including the accident factors discussed therein. Copies of these filings are accessible at no bulk on the SEC’s web armpit at http://www.sec.gov or at http://www.bankfinancial.com. Forward attractive statements allege alone as of the date they are made, and the Aggregation does not undertake to amend them to reflect changes.
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