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Stock Market & Financial Investment News

News Breaks
December 28, 2012
12:43 EDTCBNK, HBNK, SF, KBWChicopee, Hampden working to find buyers, Bloomberg reports
Chicopee Bancorp (CBNK) and Hampden Bancorp (HBNK) are working to find buyers amid pressure from an activist investor, according to a Bloomberg report that cites sources. The report said that Chicopee is working with Sifel Financial (SF) to evaluate options, and that Hampden has not yet chosen an advisor, but has held talks with KBW (KBW). At the time of this writing, shares of Chicopee were up 65c, or about 4.5%, and shares of Hampden were up 77c, or about 5.2%. Reference Link
News For CBNK;HBNK;SF;KBW From The Last 14 Days
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September 11, 2014
16:35 EDTHBNKHampden Bancorp announces completion of seventh stock buyback, commences eigth
Hampden Bancorp announced the completion of the company's seventh stock repurchase program on September 10. The seventh program was approved by the company's board on August 7, 2012 and commenced on December 13, 2012. Under the seventh program, a total of 289,106 shares, or approximately 5% of the company's then outstanding common shares, were purchased at a total cost to the company of approximately $4.6M, or an average of $15.74 per share. With the completion of the seventh program, the company's previously announced eighth stock repurchase program commenced. The eighth program was approved by the company's board on June 7, 2013 for the repurchase of up to 275,525 shares, or approximately 5% of the company's then outstanding common stock.

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