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Westfield Financial announces stock repurchase program

Westfield Financial (WFD), the holding company for Westfield Bank, announced that its Board of Directors has authorized a stock repurchase program under which the company may repurchase up to 2,427,000 shares, or 5% of its outstanding common stock. The company completed its previous stock repurchase program of 1,278,560 shares of its common stock on November 5.