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HomeTrust Bancshares Announces the Authorization of New Stock Repurchase Program, Adds 922,855 Shares

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HomeTrust Bancshares, Inc. (the "Company") (NASDAQ: HTBI), the holding company for HomeTrust Bank, N.A. (the "Bank"), announced today the Company's Board of Directors has authorized a new stock repurchase program of up to 922,855 shares of the Company's common stock, representing 5% of the Company's currently outstanding shares. The shares may be purchased in the open market or in privately negotiated transactions from time to time depending upon market conditions and other factors. This is the Company's sixth stock repurchase plan since becoming a public company in July 2012.

In addition, the Company is nearing completion of its previous 5% stock repurchase program, which began in July 2015. Of the 971,271 shares that were authorized for repurchase, 130,461 remain outstanding as of December 14, 2015.

 

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