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Archive Home > 2007 > August > 15 > Cascade Bancorp to buy back stock

Cascade Bancorp to buy back stock

By By Chuck Chiang / The Bulletin
August 15, 2007

The holding company of Bend-based Bank of the Cascades said it plans to buy back 5 percent of its shares in the next two years to capitalize on lower share prices.

Cascade Bancorp’s board of directors authorized the plan to acquire about 1.4 million shares, said Greg Newton, the....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.