Business Services Industry
Saratoga Bancorp Announces Conclusion of Stock Repurchase
Business Wire, May 3, 1999
SARATOGA, Calif.--(BUSINESS WIRE)--May 3, 1999--
The board of directors of Saratoga Bancorp (OTC BB:SRTB), the parent company of Saratoga National Bank, announced the conclusion of its stock repurchase program effective May 3, 1999.
Richard L. Mount, chairman and CEO of Saratoga Bancorp, stated that the objectives of the buyback were accomplished, with nearly 69,000 shares being repurchased. The company currently has 1,612,725 shares outstanding and approximately 257 shareholders.
Saratoga National Bank operates offices in Saratoga, Los Gatos and San Jose.
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