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Non-Tech : SOUTHERN REGIONAL BANKS

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To: ron forgus who wrote (34)3/13/1998 11:40:00 AM
From: Martin Wormser   of 77
 
Friday March 13, 7:30 am Eastern Time

Company Press Release

SOURCE: BankAtlantic Bancorp

BankAtlantic Bancorp's Board Authorizes Common Stock Repurchase Program

FORT LAUDERDALE, Fla., March 13 /PRNewswire/ -- The Board of Directors of BankAtlantic Bancorp (NYSE: BBX - news; Nasdaq: BANC - news) has
approved a resolution to the repurchase on the open market of up to two million shares of the Company's common stock. The Board authorized the repurchase of
common stock on a ''time- to-time'' basis, depending upon market conditions and subject to compliance with applicable securities laws.

BankAtlantic Bancorp is the parent company of BankAtlantic which, with assets of $3.1 billion and 65 branches in 11 counties, is ranked the largest financial
institution based in Florida.

SOURCE: BankAtlantic Bancorp

More Quotes and News:
BankAtlantic Bancorp Inc (NYSE:BBX - news; Nasdaq:BANC - news)
Related News Categories: banking
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