American Bancorp of New Jersey, Inc. Announces Completion of Stock Repurchase
August 23 2006 - 1:00PM
Business Wire
American Bancorp of New Jersey, Inc. (NASDAQ: ABNJ) (the
"Company"), the holding company of American Bank of New Jersey (the
"Bank"), announced the completion of its repurchase of 358,484
shares of common stock to fund the restricted stock portion of its
2006 Equity Incentive Plan. As of June 30, 2006, the Company had
consolidated total assets of $509.0 million and stockholders'
equity of $128.2 million. The Bank is a federally chartered stock
savings bank which conducts business from its main office in
Bloomfield, New Jersey and one branch office in Cedar Grove, New
Jersey. The foregoing material contains forward-looking statements
concerning our financial condition, results of operations and
business. We caution that such statements are subject to a number
of uncertainties and actual results could differ materially, and,
therefore, readers should not place undue reliance on any
forward-looking statements. We do not undertake, and specifically
disclaim, any obligation to publicly release the results of any
revisions that may be made to any forward-looking statements to
reflect the occurrence of anticipated or unanticipated events or
circumstances after the date of such statements.
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