FHB Bank: to vote on a 7% buyout programme at 21 April AGM

FHB Bank announced that it plans to start a buyout programme, of up to 7% of own shares through September 30. The purchase price of the shares would be in a range of 75% to 125% of the average price of the shares in the month before the date of the purchase. FHB will vote on the buyout programme for the second time (as it was already approved last year) at the AGM which will take place on April 21. Though not stated in the agenda of AGM, it should be underlined that a proposal from management is expected to be made at the beginning of April.