The Board of Directors of Westfield Financial Inc. (NasdaqGS:WFD) authorized a share repurchase program on May 1, 2013. Under the plan, the company will repurchase up to 1,092,000 shares or 5% of its outstanding common stock.

The Board of Directors of Westfield Financial Inc. (NasdaqGS:WFD) authorized a share repurchase program on December 6, 2012. Under the plan, the company will repurchase up to 2,427,000 shares, representing 10% of its outstanding common stock. On December 7, 2012, the company entered into a 10b5-1 repurchase plan with Keefe, Bruyette & Woods, Inc. Pursuant to the 10b5-1 plan, a maximum of 2,077,000 shares may be repurchased beginning January 8, 2013. The 10b5-1 Plan ... expires on January 7, 2014. Till December 31, 2012, the company has repurchased 1,420,338 shares, representing 5.85% for $10.31 million. Keefe, Bruyette & Woods, Inc. acted as the broker to the company.
Read More

Sponsored Financial Commentaries

To contact WESTFIELD FINANCIAL INC, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.