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Stock impact report

IF Bancorp, Inc. Announces Stock Repurchase Program

IF Bancorp, Inc. (IROQ) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/1032002
Company Research Source: Business Wire
WATSEKA, Ill.--(BUSINESS WIRE)-- IF Bancorp, Inc. (NASDAQ Capital: IROQ) (the “Company”), the holding company for Iroquois Federal Savings and Loan Association (the “Association”), today announced that its Board of Directors has increased the number of shares that may be purchased under the Company’s existing stock repurchase plan so that there are now 290,356 shares of common stock, or approximately 7.5% of the Company’s outstanding shares, that may still be repurchased under the plan. Since announcing its first repurchase program in September 2012, the Company has repurchased 1,043,447 shares of its common stock at an average price of $16.38 per share. Walter H. Hasselbring, III, President and Chief Executive Officer of the Company, stated “The continued repurchase of our common stock represents our long-term commitment to enhancing shareholder value. We intend to repurchase our common stock to Show less Read more
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