American Bancorp of New Jersey, Inc. Announces Completion of Stock Repurchase
March 28 2007 - 10:30AM
Business Wire
American Bancorp of New Jersey, Inc. (NASDAQ: ABNJ) (the
"Company"), the holding company of American Bank of New Jersey (the
"Bank"), announced the completion of its repurchase of 1,416,322
shares of common stock in accordance with the Company�s 10% stock
repurchase plan announced on October 19, 2006. As of December 31,
2006, the Company had consolidated total assets of $524.3 million
and stockholders' equity of $112.6 million. The Bank is a federally
chartered stock savings bank which conducts business from its main
office in Bloomfield, New Jersey and its branch offices located in
Verona and Cedar Grove, New Jersey. The foregoing material contains
forward-looking statements concerning our financial condition,
results of operations and business. 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. We do not undertake,
and specifically disclaim, 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.
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