FFNW Buyback

First Financial Northwest, Inc. Buyback

OLI recorded this information on 8/7/2023

Company:

First Financial Northwest, Inc.

Buyback:

FFNW buyback

Share Amount Authorized:

457,000

Buyback Details:

First Financial Northwest, Inc. (the "Company") (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the "Bank"), today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share on the Company's outstanding common stock. The cash dividend will be payable on September 22, 2023, to shareholders of record on September 8, 2023. The Company also announced that its Board of Directors has authorized the repurchase of up to 5% of the Company's outstanding common stock, or approximately 457,000 shares, on the open market or in privately negotiated transactions, in accordance with Rule 10b-18 of the Securities Exchange Act of 1934. The new stock repurchase plan will commence on or about August 10, 2023, and will expire no later than March 16, 2024. The extent to which the Company repurchases its shares and the timing of such repurchases will depend upon market conditions and other corporate considerations. As a result, there can be no assurance as to the exact number of shares, if any, that will be repurchased under the plan.

First Financial Northwest is a bank holding company. Through its subsidiary, First Financial Northwest Bank, Co.'s business consists of accepting deposits from the public and utilizing these funds to originate one-to-four family residential, multifamily, commercial real estate, construction/land, business and consumer loans. Co. considers its primary market area to be the Puget Sound Region that consists primarily of King, Snohomish, Pierce and, to a lesser extent, Kitsap counties. Co. provides a range of deposit products within its market area, including noninterest bearing accounts, interest-bearing demand accounts, money market accounts, savings accounts, and certificates of deposit.

Open the FFNW Page at The Online Investor »

FFNW — Key Stats (updated 3 hours, 10 minutes ago)

Company Name:	First Financial Northwest Inc
Stock buyback:	FFNW buyback
Sector:	Banking & Savings
Number of ETFs Holding FFNW:	3
Total Market Value Held by ETFs:	$7.51M
Total Market Capitalization:	$188.00M
% of Market Cap. Held by ETFs:	3.99%

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First Financial Northwest, Inc. Buyback

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