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Stock Market & Financial Investment News

News Breaks
February 26, 2013
16:03 EDTFFNWFirst Financial Northwest, Stilwell Group agree to settlement time extension
First Financial Northwest and the Stilwell Group announced that they have entered into a second amendment to the agreement to settle the litigation in which the Stilwell Group challenged the counting of votes in a contested director election at the company's 2012 Annual Meeting of Shareholders. The settlement agreement, as previously amended, provides, among other things, that Kevin D. Padrick will be seated on the company's board after receiving any required regulatory approvals. The second amendment simply extends the time by which required regulatory approvals for Padrick's appointment must be received. All other terms of the settlement remain the same.
News For FFNW From The Last 14 Days
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December 18, 2014
05:14 EDTFFNWFirst Financial Northwest adopts stock repurchase plan
First Financial Northwest announced that on December 16, the company's board adopted a pre-arranged stock trading plan for the purpose of repurchasing a limited number of shares of the company's common stock in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934. This plan has been established in accordance with, and as a part of, the company's stock repurchase program previously announced on October 23. Rule 10b5-1 allows a company to adopt a written, pre-arranged stock trading plan at a time when it does not have material, non-public information and avoid concerns about whether it had material, non-public information at the time of the repurchase transactions pursuant to the plan.

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