PRESS RELEASE
September 5, 2007

 

Contact
Ken F. Parsons, Sr. – Chairman / CEO
(253) 441-4000
(360) 412-2120 (Fax)

 

Venture Financial Group, Inc.
Announces New Stock Repurchase Plan

DuPont, Wash., September 5, 2007 - Venture Financial Group, Inc., announced the implementation of a new stock repurchase program. Under the program, the Company is authorized to buy up to 200,000 shares of its common stock or approximately 2.8% of the total common shares currently outstanding. The stock repurchase program authorizes the Company to make scheduled purchases over time in either privately negotiated transactions or through the open market. The planned repurchases will, among other things, be subject to applicable federal securities laws.

Venture Financial Group, Inc. is a bank holding company. Its wholly owned subsidiary, Venture Bank, is a Washington state-chartered bank with 18 financial centers in four western Washington counties and offers a full spectrum of financial services including commercial, construction, residential and consumer lending, deposit products, and other banking services. Venture Bank also provides a broad range of investment services through its subsidiary Venture Wealth Management, Inc. Further information about the bank may be found on the Internet at www.venture-bank.com.

 

Back to News Releases