MB Financial, Inc. Announces Increase in Quarterly Dividend and Stock
CHICAGO -- October 24, 2012
MB Financial, Inc. (the “Company”), (Nasdaq: MBFI) announced today that its
Board of Directors has declared a cash dividend of $0.10 per share, payable on
November 30, 2012 to holders of record of the Company’s common stock as of
November 15, 2012.
The Company also announced that its Board of Directors has authorized the
repurchase of up to 1,000,000 shares of the Company’s common stock. The shares
may be repurchased in the open market or in private negotiated transactions
from time to time over a twenty-four month period, depending on market
conditions and other factors.
MBFI is the $9.5 billion holding company for MB Financial Bank, N.A.
MBFinancial Bank is a locally operated financial institution that has been
delivering competitive, personalized service for 100 years to businesses and
individuals who live and work in the Chicago metropolitan area.
This news release may contain forward-looking statements that involve risk and
uncertainties, with respect to the results of operations and other
uncertainties that may not be known or anticipated by the Company. While
management of the Company uses its best efforts to be accurate in making
forward-looking statements, any such statements are subject to risks and
uncertainties described from time to time in documents filed or furnished by
the Company with the Securities and Exchange Commission that could cause the
Company’s actual results to vary materially from the future results
anticipated in such forward-looking statements.
MB Financial, Inc.
Jill York - Vice President and Chief Financial Officer
1 (888) 422-6562
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