Article: CALUMET BANCORP, INC. TO REPURCHASE COMMON STOCK

 
DOLTON, Ill., May 20 /PRNewswire/ -- Calumet Bancorp, Inc. (NASDAQ-NMS: CBCI), the holding company of Calumet Federal Savings and Loan Association of Chicago, said that it had received regulatory clearance to repurchase up to 106,382 shares of its common stock. 
Thaddeus Walczak, chairman and chief executive officer of Calumet Bancorp, Inc., said that the company has been authorized by its board of directors to repurchase up to five percent of the company's 2,127,644 outstanding shares during the next six months. 
Walczak commented, ``We believe that the repurchase will enhance shareholder value by having the effect of increasing the earnings per share and book value of ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!