NEW YORK (Thomson Financial) - Shares of Citizens Community Bancorp Inc.
rallied Monday after the company said its board approved a program to repurchase
10% of its outstanding stock over the next 12 months.
The company said it approved the program because of the current price level
of the company's common stock and the "strong capital position" of its Citizens
Community Federal subsidiary.
Shares of Citizens Community rose 10% to $8.91 Monday.
Ryan Vlastelica
rv/vj
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