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Sound Financial Bancorp, Inc. Buyback

OLI recorded this information on 7/26/2019

Company: Sound Financial Bancorp, Inc.
Buyback: SFBC buyback
$Amount Authorized: $1,750,000
Buyback Details: Sound Financial Bancorp, Inc. (NASDAQ:SFBC) (the "Company"), headquartered in Seattle, WA, the holding company parent of Sound Community Bank, today announced that its Board of Directors has adopted a stock repurchase program. Under this repurchase program, the Company may repurchase its outstanding shares in the open market in an amount up to $1,750,000, based on prevailing market prices, or in privately negotiated transactions, over a period beginning on August 5, 2019, continuing until the earlier of the completion of the repurchase or six (6) months, depending upon market conditions.

Sound Financial Bancorp is a bank holding company. Through its subsidiary, Sound Community Bank, Co. is engaged in accepting retail and commercial deposits from the general public and investing those funds, along with borrowed funds, in loans secured by first and second mortgages on one- to four- family residences (including home equity loans and lines of credit), commercial and multifamily real estate, construction and land, consumer and commercial business loans. Co. also sells insurance products and services and provides a variety of deposit accounts to both consumers and businesses, including savings accounts, money market deposit accounts, and negotiable order of withdrawal accounts.
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Company Name:  Sound Financial Bancorp Inc
Stock buyback:  SFBC buyback
Sector:  Banking & Savings
Number of ETFs Holding SFBC:  3
Total Market Value Held by ETFs:  $1.41M
Total Market Capitalization:  $73.00M
% of Market Cap. Held by ETFs:  1.93%

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August 4, 2020    12:38 PM Eastern
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