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Dime Rescinds Stock Buyback
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Business New Haven
3/20/2000
By: Kristine Hansen
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NEW YORK - Dime Bancorp Inc. (NYSE: DME) announced that its board of directors had rescinded the company's 5.6 million-share common stock buyback program due to accounting rules relative to the bank's merger with Hudson United Bancorp (NYSE: HU). The company had already repurchased about 4.2 million shares under the buyback program.
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