CHICAGO, May 21 /PRNewswire/ -- Fidelity Bancorp, Inc. (Nasdaq: FBCI), the
parent company of Fidelity Federal Savings Bank, today announced it plans to
repurchase up to 142,000 shares, or five percent of its common stock. The
company reported that the repurchase has been authorized by its Board of
Directors and will be made in open market transactions, subject to the
availability of its stock.
"Previous repurchase programs have been part of a strategy to build value
for Fidelity Bancorp's stockholders," said Raymond S. Stolarczyk, chairman and
chief executive officer. "We view this latest repurchase plan as part of that
same, ongoing effort."
Fidelity Bancorp, Inc. is the holding company for Fidelity Federal Savings
Bank, which provides retail banking services through five full-service
locations in Chicago and its suburbs. Established in 1906, the bank is
primarily in the business of attracting retail deposits from the general
public and investing those funds in mortgages and consumer loans. Fidelity's
stock is traded on The Nasdaq Stock Market under the symbol "FBCI."
Fidelity Bancorp Inc.'s news releases are available through PR Newswire's
Company News On-Call fax service. For a menu of Fidelity Bancorp's news
releases, or to receive a specific release, call 800-758-5804, ext. 107861, or
visit http://www.prnewswire. com on the Internet. The company's SEC filings are
available electronically on the Internet at
http://www.sec.gov/cgi-bin/srch-edgar?0000912219.
SOURCE Fidelity Bancorp, Inc.
 back to top
Company News On-Call: http://www.prnewswire.com or
fax, 800-758-5804, ext. 107861
CONTACT:
Raymond S. Stolarczyk, Chairman & CEO, or
Thomas E. Bentel, President & COO, or Jim Kinney, Sr., VP & CFO,
of Fidelity Bancorp, 773-736-4414
|
