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Ohio-based Central Federal has a new buyback plan

The boardof Central Federal Corp.approved a stock repurchase program for up to 3% of the company's common stock overthe next six months.

Worthington,Ohio-based Central Federal on May 10 reported first-quarter earnings attributableto common stockholders of $102,000, or 1 cent per share, compared to $37,000, or0 cents per share, in the year-ago quarter.