Standard Financial Corp. (OTCPK:STND) announces a share repurchase program. Under the program, the company will repurchase up to 299,100 shares, representing 10% of the outstanding common stock.

The repurchases will be made on an ongoing basis and will be subject to the availability of stock, general market conditions, the trading price of the stock, alternative uses for capital and the company's financial performance. The plan will be effective after completion of its previous share repurchase program.