OTTAWA BANCORP, INC. ANNOUNCES COMPLETION OF STOCK REPURCHASE PROGRAM
Ottawa Bancorp (OTCQX: OTTW) has successfully completed its stock repurchase program, buying back 120,996 shares of its outstanding common stock at an average price of $15.01 per share.
The company operates through its subsidiary OSB Community Bank, which provides various financial services including deposit accounts and loans to individuals and corporate customers in the United States. Founded in 1871, OSB Community Bank offers checking, money market, savings, certificate, and retirement accounts, along with residential mortgage, commercial, and construction loans.
Ottawa Bancorp (OTCQX: OTTW) ha completato con successo il programma di riacquisto azioni, riacquistando 120.996 azioni della sua azione ordinaria in circolazione a un prezzo medio di $15,01 per azione.
L'azienda opera tramite la sua filiale OSB Community Bank, che fornisce vari servizi finanziari tra cui conti di deposito e prestiti a individui e clienti aziendali negli Stati Uniti. Fondata nel 1871, OSB Community Bank offre conti correnti, conti di mercato monetario, risparmio, certificati e conti pensionistici, insieme a mutui residenziali, prestiti commerciali e per la costruzione.
Ottawa Bancorp (OTCQX: OTTW) ha completado con éxito su programa de recompra de acciones, comprando 120,996 acciones de sus acciones ordinarias en circulación a un precio medio de $15,01 por acción.
La empresa opera a través de su filial OSB Community Bank, que ofrece diversos servicios financieros, incluyendo cuentas de depósito y préstamos a particulares y clientes corporativos en Estados Unidos. Fundada en 1871, OSB Community Bank ofrece cuentas de cheques, mercado monetario, ahorros, certificados y cuentas de jubilación, junto con préstamos hipotecarios residenciales, comerciales y de construcción.
Ottawa Bancorp (OTCQX: OTTW) 은 자사 보통주를 상환하는 주식 자사주 매입 프로그램을 성공적으로 마쳤으며, 12만 996주의 보통주를 평균 $15.01의 가격으로 매입했습니다.
회사는 OSB 커뮤니티 뱅크 자회사를 통해 미국 내 개인 및 기업 고객에게 예금계좌와 대출 등 다양한 금융 서비스를 제공합니다. 1871년에 설립된 OSB 커뮤니티 뱅크는 당좌예금, 머니마켓, 저축예금, 예금증서, 은퇴계좌를 제공하며, 주택담보대출, 상업대출 및 건설대출도 취급합니다.
Ottawa Bancorp (OTCQX: OTTW) a mené à bien son programme de rachat d’actions, rachetant 120 996 actions de ses actions ordinaires en circulation à un prix moyen de $15,01 par action.
L’entreprise opère par l’intermédiaire de sa filiale OSB Community Bank, qui fournit divers services financiers, notamment des comptes de dépôt et des prêts aux particuliers et aux clients professionnels aux États‑Unis. Fondée en 1871, OSB Community Bank propose des comptes courants, des comptes du marché monétaire, des comptes d’épargne, des certificats et des comptes de retraite, ainsi que des prêts hypothécaires résidentiels, des prêts commerciaux et des prêts de construction.
Ottawa Bancorp (OTCQX: OTTW) hat sein Aktienrückkaufprogramm erfolgreich abgeschlossen und 120.996 Aktien seiner ausstehenden Stammaktien zu einem durchschnittlichen Preis von $15,01 pro Aktie zurückgekauft.
Das Unternehmen operiert über seine Tochtergesellschaft OSB Community Bank, die verschiedene Finanzdienstleistungen anbietet, einschließlich Einlagenkonten und Krediten für Privat- und Unternehmenskunden in den Vereinigten Staaten. Gegründet im Jahr 1871 bietet OSB Community Bank Girokonten, Money-Market-Konten, Sparkonten, Zertifikate und Rentenkonten sowie Wohnungsbaudarlehen, kommerzielle Kredite und Baukredite.
Ottawa Bancorp (OTCQX: OTTW) أكملت بنجاح برنامج إعادة شراء الأسهم، حيث اشترت 120,996 سهماً من أسهمها العادية القائمة بسعر متوسط قدره $15.01 للسهم.
تعمل الشركة من خلال شركتها التابعة OSB Community Bank، التي تقدم مجموعة من الخدمات المالية بما في ذلك حسابات الودائع والقروض للأفراد والعملاء الشركات في الولايات المتحدة. تأسست في عام 1871، تقدم OSB Community Bank حسابات جارية، وحسابات سوق المال، وحسابات التوفير، وشهادات الإيداع، وحسابات التقاعد، بالإضافة إلى قروض الرهن العقاري السكنية، والقروض التجارية، وقروض البناء.
Ottawa Bancorp (OTCQX: OTTW) 已成功完成其股票回购计划,回购了120,996股已发行普通股,平均价格为$15.01 每股。
该公司通过其子公司 OSB Community Bank 运营,在美国为个人和企业客户提供存款账户和贷款等各类金融服务。OSB Community Bank 成立于1871年,提供支票、货币市场、储蓄、证明存单和退休账户,以及住宅抵押贷款、商业贷款和建设贷款。
- Successfully completed stock repurchase program of 120,996 shares
- Average repurchase price of $15.01 per share demonstrates efficient capital allocation
- Shows management's confidence in company value and commitment to shareholder returns
- Reduction in cash reserves due to share repurchase program
- Decreased trading liquidity due to lower share count in the market
OTTAWA, Ill., Sept. 19, 2025 (GLOBE NEWSWIRE) -- Ottawa Bancorp, Inc. (OTCQX: OTTW), the “Company”, the holding company for OSB Community Bank, announced today that the Company has completed its previously announced stock repurchase program. Under the program, the Company repurchased 120,996 shares of its outstanding common stock at an average price of
Ottawa Bancorp, Inc. is the holding company for OSB Community Bank which provides various financial services to individual and corporate customers in the United States. OSB Community Bank offers various deposit accounts, including checking, money market, regular savings, club savings, certificate, and various retirement accounts. Its loan portfolio includes one-to-four family residential mortgage, multi-family and non-residential real estate, commercial, and construction loans as well as auto loans and home equity lines of credit. OSB Community Bank was founded in 1871 and is headquartered in Ottawa, Illinois. For more information about Ottawa Bancorp, Inc and OSB Community Bank, please visit www.myosb.bank.
Contact: Craig M. Hepner
President and Chief Executive Officer
(815) 366-5437
