BankFinancial extends, expands stock buy back program

BURR RIDGE - BankFinancial Corp.'s board of directors agreed to extend the current share repurchase program to Dec. 31, 2016, and increased the program's authorized maximum by 1,046,868 shares to 1,297,317 shares of common stock.

The authorization permits shares to be repurchased in open market or negotiated transactions. The authorization will be used at management's discretion, subject to price, volume and other internal limitations.

The authorization does not obligate the company to purchase any particular number of shares at any given price per share at any time. The authorization may be suspended, terminated or modified at any time for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other factors deemed appropriate. These factors, as well as internal restrictions on trading in the Company's shares during specific time periods, may also affect the timing and amount of share repurchases.

BankFinancial is the holding company for BankFinancial FSB, a full-service bank 19 locations in Cook, DuPage, Lake and Will counties.