Home Federal Bancorp, Inc. of Louisiana Announces Approval of Stock Repurchase Program
September 11 2019 - 4:05PM
Home Federal Bancorp, Inc. of Louisiana (the “Company”) (NASDAQ:
HFBL), the holding company for Home Federal Bank, announced today
that its Board of Directors at their meeting on September 11, 2019,
approved the Company’s ninth stock repurchase program. The new
repurchase program provides for the repurchase of up to 90,000
shares, or approximately 5.0% of the Company’s outstanding common
stock from time to time, in open market or privately negotiated
transactions. The stock repurchase program does not have an
expiration date. As of the date hereof, there are a total of 13,853
shares remaining for repurchase under the eighth stock repurchase
program.
Home Federal Bancorp, Inc. of Louisiana is the
holding company for Home Federal Bank which conducts business from
its seven full-service banking offices and home office in northwest
Louisiana. Additional information is available at
www.hfbla.com.
Statements contained in this news release which are not
historical facts may be forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of
1995. Forward-looking statements can be identified by the
fact that they do not relate strictly to historical or current
facts. They often include words like “believe,” “expect,”
“anticipate,” “estimate” and “intend” or future or conditional
verbs such as “will,” “would,” “should,” “could” or “may.” We
undertake no obligation to update any forward-looking
statements.
Contact: |
Home Federal Bancorp, Inc. of LouisianaJames R. Barlow, President
and Chief Executive Officer(318) 222-1145 |
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