Aug 22 - First Financial Northwest Inc. (Nasdaq: FFNW), the holding company for First Savings Bank Northwest, has announced the authorization from its board of directors to repurchase of up to 848,271 shares of the company's common stock, or 5 percent of the company's outstanding shares. The shares may be purchased in the open market or in privately negotiated transactions from time to time over a 90 day period, depending upon market conditions and other factors. The stock repurchase program is effective immediately, since the company has completed the May 2013 stock repurchase program with the purchase of 1,879,747 shares of its common stock.
First Financial Northwest Inc. is the parent company of First Savings Bank Northwest, a Washington-chartered stock savings bank headquartered in Renton, Wash., serving the Puget Sound region through its full-service banking office. For additional information visit www.fsbnw.com and click on the "Investor Relations" section.