Michigan
(State
or other jurisdiction of incorporation)
|
0-15734
(Commission
File No.)
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38-2604669
(IRS
Employer Identification No.)
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· |
An
$.11 per share cash dividend to shareholders of record as of June 9,
2006
and payable July 5, 2006.
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· |
A
Stock Repurchase Program authorizing the repurchase of up to 2,000,000
shares of the Company’s common stock, or approximately 3% of the shares
outstanding. The program will commence at the conclusion of the 2005
Stock
Repurchase Program. Repurchases will be made from time to time as market
and business conditions warrant, in the open market, negotiated, or
block
transactions, and will be funded from available working capital and
cash
flow from operations. Repurchased shares will be used for employee
benefit
plans, stock dividends and other general business purposes, including
potential acquisitions.
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· |
The
appointment of Ernst & Young LLP as independent public accountants for
2006.
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REPUBLIC
BANCORP INC.
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||
Date: April
27, 2006
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By:
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/s/
Thomas F. Menacher
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Name:
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Thomas
F. Menacher
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Its:
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Executive
Vice President, Treasurer and
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Chief
Financial Officer
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