Eureka Financial Corp., (the Company) (OTCBB: EKFC), the holding company
for Eureka Bank, announced today that it has authorized a stock
repurchase program to acquire up to 10% of the Company's outstanding
common stock. The repurchase program will become effective on March 1,
2012. Repurchases will be conducted through open market purchases, which
may include purchases under a trading plan adopted pursuant to
Securities and Exchange Commission Rule 10b5-1, or through privately
negotiated transactions. Repurchases will be made from time to time
depending on market conditions and other factors. There is no guarantee
as to the exact number of shares to be repurchased by the Company.
The Bank, founded in 1886, is a federally chartered stock savings bank
and operates two offices in the Pittsburgh metropolitan area. The
Company's common stock trades on the Over-the-Counter Bulletin Board
under the symbol "EKFC."
The foregoing material may contain forward-looking statements concerning
the financial condition, results of operations and business of the
Company. We caution that such statements are subject to a number of
uncertainties and actual results could differ materially and, therefore,
readers should not place undue reliance on any forward-looking
statements. The Company does not undertake, and specifically disclaims,
any obligation to publicly release the results of any revisions that may
be made to any forward-looking statements to reflect the occurrence of
anticipated or unanticipated events or circumstances after the date of
such statements.
