MIDLAND, Mich., July 17 /PRNewswire/ -- The Board of Directors of Chemical
Financial Corporation (Nasdaq: CHFC), has authorized management, in its
discretion, to purchase up to 400,000 shares of the Corporation's common
stock. It is anticipated that any purchases of shares will be made through a
program of open market purchases or through privately negotiated purchases,
all subject to availability, regulatory volume and other constraints and
general economic conditions.
Chemical Financial Corporation is a bank holding company headquartered in
Midland, Michigan. The Company's four Subsidiary Banks operate 122 "Chemical
Bank" offices and 2 loan production offices spread over 32 counties in the
lower peninsula of Michigan. At June 30, 2001, Chemical Financial Corporation
had total assets of approximately $3.1 billion.
SOURCE Chemical Financial Corporation
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Related links:
http://chemicalbankmi.com
Company News On-Call:
http://www.prnewswire.com/gh/cnoc/comp/157448.html
CONTACT:
Aloysius J. Oliver, President & CEO,
+1-989-839-5352, or Lori A. Gwizdala, Senior Vice President &
Chief Financial Officer, +1-989-839-5350, both of Chemical
Financial Corporation
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