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Waterstone Financial board approves share repurchase program

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Waterstone Financial board approves share repurchase program

Waterstone Financial Inc.'s board approved a share buyback program for the repurchase of up to 2 million or about 7.2% of the company's issued and outstanding common shares.

The program, which will begin on or about June 3, follows the completion of the previous one under which the company repurchased 1 million common shares at a weighted average price of $16.54 per share.