Home Federal Bancorp, Inc. of Louisiana Announces Approval of Stock Repurchase Program
November 18 2020 - 4:45PM
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 November 18, 2020,
approved the Company’s tenth stock repurchase program. The new
repurchase program provides for the repurchase of up to 85,000
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.
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, Chairman of
the Board, President and Chief Executive Officer(318) 222-1145 |
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