July 26 - F Financial Corp., Newtown, Pa., (Nasdaq: THRD) has announced that its board of directors has approved commencing stock repurchases under previously announced stock repurchase plans that have not been fully completed. The stock repurchases will cover up to 101,957 shares, or approximately 3.2 percent of the company's outstanding shares of common stock.
The repurchased shares will become treasury stock and be available for the company's stock benefit plans and for general corporate purposes. The repurchases will be made from time to time in open-market purchases or privately negotiated transactions, subject to the availability of shares, and at prices and in amounts determined by the Company.
About TF Financial Corporation
TF Financial Corporation is a holding company whose principal subsidiary is 3rd Fed Bank, which operates 13 full-service retail and commercial banking offices in Philadelphia and Bucks County, Pa., and in Mercer County, N.J., and with the acquisition of Roebling Bank on July 2, 2013, also operates five additional full-service branches in Burlington and Ocean Counties in New Jersey. Deposits at 3rd Fed Bank are insured up to the maximum amount by the FDIC. In addition, 3rd Fed Bank's website can be found at www.3rdfedbank.com.