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First Financial Bancorp. board approves buyback program

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First Financial Bancorp. board approves buyback program

The board of First Financial Bancorp. authorized a repurchase program to buy back up to 5 million shares of the company's common stock.

The shares authorized to be repurchased represent about 5% of the company's issued and outstanding shares as of Sept. 30, 2018.

The company can buy back shares in the open market, through block trades and privately negotiated transactions over a period of no more than 24 months.