Central Pacific Financial Corp. (NYSE:CPF) announces a share repurchase program. Under the program, the company will repurchase up to $30 million worth of its common stock. The shares will be purchased from time to time in the open market or in privately negotiated transactions. There can be no assurance that the company will repurchase any shares. The company’s ability to repurchase its shares may be restricted by applicable federal or Hawaii law or by regulators. The plan has no set expiration or termination date.