Benzinga | Dec 22, 2020 09:01AM EST

First Financial Bancorp Announces 5M Share Buyback

CINCINNATI, Dec. 22, 2020 /PRNewswire/ -- First Financial Bancorp (NASDAQ:FFBC) has announced that its Board of Directors has approved a stock repurchase plan. The plan authorizes the purchase of up to 5,000,000 shares of the Company's common stock, representing approximately 5 percent of the Company's issued and outstanding shares of common stock as of September 30, 2020. The stock repurchase plan will be effective upon the expiration of the Company's current repurchase plan on December 31, 2020, and will continue for two years.