 Broadway Financial Corporation the Company NASDAQ Capital Market: BYFC, the parent company of Broadway Federal Bank, f.s.b., today announced that its board of directors approved a stockholder rights plan the Rights Plan on September 10, 2019. The boards purpose in adopting the Rights Plan is to protect the Companys stockholders against the possibility of attempts to acquire control of or influence over the Company through open market or privately negotiated purchases of the Companys common stock without payment of a fair price to all of the Companys stockholders or through other tactics that do not provide fair treatment to all stockholders. 