| 2016-10-12 16:40:30|
HFBL 16:40 10/12 10/12/16
Home Federal Bancorp board approves stock repurchase program
Home Federal Bancorp of Louisiana, the holding company for Home Federal Bank announced that its board at their meeting on October 12 approved the company's seventh stock repurchase program. The new repurchase program provides for the repurchase of up to 97,000 shares, or approximately 5.0% of the company's outstanding common stock assuming the completion of the sixth stock repurchase program, from time to time, in open market or privately negotiated transactions. As of the date hereof, there are a total of 21,813 shares remaining for repurchase under the sixth stock repurchase program.