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WFI Winton Finl

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Share Name Share Symbol Market Type
Winton Finl AMEX:WFI AMEX Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Winton Financial Corporation's Board Authorizes Stock Repurchase Program

16/04/2004 4:31pm

PR Newswire (US)


Winton (AMEX:WFI)
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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/

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