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Article: MARK TWAIN BANCSHARES ANNOUNCES STOCK PURCHASE PROGRAM
- Article from:
- PR Newswire
- Article date:
- April 26, 1995
CopyrightCOPYRIGHT 1995 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ST. LOUIS, April 26 /PRNewswire/ -- The board of directors of Mark Twain Bancshares, Inc. (Nasdaq-NNM: MTWN) today announced the approval of a stock purchase program. Under the new program, Mark Twain is authorized to purchase up to one million shares from time to time in open market or private transactions. The amount authorized represents approximately six percent of Mark Twain's currently outstanding shares.
"We expect to purchase shares under this new program over the next several years to fund commitments for our employee stock plans and programs," says John P. Dubinsky, president and chief executive officer of Mark Twain Bancshares, Inc. "The shares may also ...