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Non-Tech : Hudson United Bankcorp (HU)

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To: Paul Lee who wrote ()6/8/1999 10:08:00 AM
From: Paul Lee   of 16
 
Hudson United Bancorp Announces Approval of Stock Repurchase

MAHWAH, N.J.--(BUSINESS WIRE)--June 8, 1999--Hudson United Bancorp (NYSE: HU) today announced the approval of a stock repurchase plan of up two million of its outstanding shares. This stock repurchase plan is in addition to its ongoing stock repurchase plan under which shares are repurchased for employee benefit and stock dividends. There can be no assurance that all of these shares will actually be repurchased or that the plan will not be terminated at a future date.

Hudson United Bancorp is a $7.0 billion, multi-state bank holding company with 166 offices operating throughout the tristate area under the name Hudson United Bank. The company's banking subsidiaries offer a full array of innovative products and services to retail and commercial markets, including imaged checking accounts, 24-hour telephone banking, loans by phone, alternative investments, insurance products, private label credit programs, trust services and a wide variety of commercial loans and services including international services, cash management services, asset based loans and SBA loans.
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