April 23, 2009
HF Financial Corp. Files Notice to Repurchase its Preferred Stock Held by the U.S. Department of the Treasury
HF Financial Corp. (NASDAQ: HFFC), today announced that it has filed notice with the U.S. Department of the Treasury to repurchase all of the 25,000 outstanding shares of its Fixed Rate Cumulative Perpetual Preferred Stock, Series A, par value $0.01 per share. The repurchase price of the preferred stock is $25 million plus a final accrued dividend. The preferred stock was issued to the Treasury on November 21, 2008 as part of the voluntary Capital Purchase Program (CPP)...
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