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Newport Bancorp, Inc. (NFSB:Nasdaq) the holding company for Newport Federal Savings Bank, said today that that it has completed its second stock repurchase program. The company acquired 231,721 shares, or 5%, of the Company's outstanding common stock at an average purchase price of approximately $12.45 per share. The company's stock closed today at 1 p.m. in abbreviated Wall Street trading at $11.81 a share, off nine cents a share. |
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