White River Capital to Buyback Up to 250k Shares

White River Capital, Inc. (NYSE:

) today announced that its Board of Directors has approved a new program to repurchase, from time to time and subject to market conditions, up to 250,000 shares of White River's outstanding common stock, without par value, on the open market or in privately negotiated transactions. The number of shares authorized to be repurchased under the new program represents approximately 6.9% of White River's common stock outstanding as of June 30, 2011.