116 3rd St SE
Cedar Rapids, Iowa 52401
MidWestOne Financial sets stock repurchase plan
George Ford
Aug. 4, 2011 3:49 pm
IOWA CITY -- MidWestOne Financial Group, corporate parent of MidWestOne Bank, on Thursday announced a stock repurchase plan.
MidWestOne Financial expects to repurchase up to $1 million of the company's outstanding shares of common stock before Dec. 31 on the open market or through privately negotiated transactions.
MidWestOne Financial had 8,628,221 shares of common stock outstanding as of Tuesday, Aug. 2. MidWestOne shares closed Thursday at $14.75, unchanged from Wednesday's close.
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