Winton (AMEX:WFI)
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From May 2019 to May 2024
Winton Financial Corporation's Board Authorizes Stock Repurchase
Program
CINCINNATI, April 16 /PRNewswire-FirstCall/ -- Winton Financial Corporation
("WFC"), the holding company for The Winton Savings and Loan Co. ("Winton"),
announced today that the Board of Directors of WFC has authorized a repurchase
program in which up to 5%, or approximately 230,000 shares, of its outstanding
common stock may periodically be repurchased through the open market or
privately negotiated transactions during the next twelve months. To date, WFC
has repurchased 117,630 shares under previously announced buy-back plans.
The decisions whether to purchase shares, the number of shares to be purchased,
and the price to be paid will depend upon prevailing market prices, the
availability of shares, and any other considerations that may, in the opinion
of the Board of Directors or management, affect the advisability of purchasing
WFC shares. Repurchases will be funded by current working capital, dividends
periodically paid by Winton to WFC, and/or by WFC borrowings. The repurchased
shares will become treasury stock.
WFC has 4,600,938 shares outstanding. WFC's shares are traded on the American
Stock Exchange under the symbol "WFI."
DATASOURCE: Winton Financial Corporation
CONTACT: Robert L. Bollin, President-Chief Executive Officer, or Gregory
P. Niesen, CPA, Treasurer-Secretary-Investor Relations Officer of Winton
Financial Corporation, +1-513-385-3880
Web site: http://www.wintonsavings.com/