Home Federal Bancorp Announces Extension of Stock Repurchase Program

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announced that its Board of Directors has approved an extension of its stock repurchase plan, authorizing the repurchase of up to 764,000 shares, or approximately 5% of the Company's outstanding shares of common stock as of June 12, 2012. Approximately 82,000 shares were remaining in the Company's previously announced repurchase program, which are being included in this program extension. The stock repurchase program will continue until the authorized number of shares have been purchased or May 31, 2013, whichever is earlier. The Company intends to purchase its shares in accordance with Rule 10b-18 of the Securities Exchange Act of 1934. The Company will not repurchase any shares from directors, officers or other persons known to be affiliates of the Company.
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