An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
First Financial Corporation Announces Stock Repurchase Plan
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
buyback
TERRE HAUTE, Ind., April 21, 2022 (GLOBE NEWSWIRE) -- First Financial Corporation (NASDAQ:THFF) today announced that its Board of Directors has authorized a stock repurchase program to purchase up to 10% of the company's outstanding common stock.
The shares may be repurchased periodically in open market transactions at prevailing market prices, in privately negotiated transactions, or by other means in accordance with federal securities laws. The actual timing, number and value of shares repurchased under the program will be determined by management at its discretion and will depend on a number of factors, including the market price of First Financial's stock, general market and economic conditions, and applicable legal requirements. Repurchased shares will be held by the Corporation as authorized but unissued shares and may be utilized for general corporate purposes.
About First Financial Corporation First Financial Corporation (NASDAQ:THFF) is the holding company for First Financial Bank N.A. First Financial Bank N.A. is the fifth oldest national bank in the United States, operating 78 banking centers in Illinois, Indiana, Kentucky and Tennessee. Additional information is available at www.first-online.bank.
in 1834, a branch of the second state bank of indiana - the earliest ancestor of first financial bank - opened to serve the people who had settled in vigo county and the wabash river valley. today, first financial bank is the oldest national bank in indiana and the sixth oldest in the united states, still holding the 47th charter granted in the united states anticipating passage of a state law that would allow multi-bank holding companies, the bank applied for approval from the federal reserve board to establish such an entity. it received that approval in february 1983, and first financial corporation became the holding company for what was then terre haute first national bank. in august 1984, first financial corporation became the first multi-bank holding company in the state of indiana. the corporation is the only publicly traded company headquartered in vigo county and has been ranked among the top 100 most efficient bank holding companies in the united states. through growth and m