 Central Federal Corporation NASDAQ: CFBK the Company the parent of CFBank, announced that the Board of Directors of Central Federal Corporation the Company has authorized a stock repurchase program pursuant to which the Company may repurchase up to 3 of the Companys outstanding common stock over the period ending September 30, 2020. Under the stock repurchase program, the Company may purchase shares of its common stock from time to time through various means, including open market transactions and privately negotiated transactions. Open market repurchases will be made in accordance with applicable securities laws and regulations, including Rule 10b-18 under the Securities Exchange Act of 1934, as amended the Exchange Act, and may be effected pursuant to Rule 10b5-1 under the Exchange Act. The manner, timing and amount of any stock repurchases will be determined by the Companys management in its discretion based on its evaluation of various factors, including the trading price of the Companys common stock, market and economic conditions, regulatory requirements and other corporate considerations. The repurchase program may be suspended or discontinued at any time. 