United Financial Corp. Announces Stock Repurchase
September 29 2005 - 9:00AM
PR Newswire (US)
GREAT FALLS, Mont., Sept. 29 /PRNewswire-FirstCall/ -- United
Financial Corp. ("United") (NASDAQ:UBMT) today announced that it
has approved a stock repurchase plan of up to 100,000 shares, or up
to $2.4 million. This represents about 4.1% of United's outstanding
shares. The shares may be purchased from time to time, depending on
market conditions, through any combination of open market
purchases, block transactions, or privately negotiated purchases.
The stock repurchase program will last for one year, unless
rescinded earlier. United will fund the purchases using cash on
hand. United Financial Corp. is a bank holding company based in
Great Falls, Montana, and is the parent of Heritage Bank with
fifteen locations in Montana. DATASOURCE: United Financial Corp.
CONTACT: Kevin P. Clark, CEO, of United Financial Corp.,
+1-406-727-6106
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