-+ 0.00%
-+ 0.00%
-+ 0.00%

Home Federal Bancorp's Board of Directors Authorizes Stock Repurchase Program

Benzinga·10/15/2025 20:34:40
Listen to the news

SHREVEPORT, La., Oct. 15, 2025 (GLOBE NEWSWIRE) -- 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 October 15, 2025, declared a quarterly cash dividend of $0.135 per share on the Company's common stock. The dividend is payable on November 10, 2025, to the shareholders of record at the close of business on October 27, 2025.

The Company also announced today that its Board of Directors on October 15, 2025, approved the Company's fourteenth stock repurchase program. The new repurchase program provides for the repurchase of up to 100,000 shares, or approximately 3.0% of the Company's outstanding common stock over four calendar quarters, 25,000 shares per quarter, in open market or privately negotiated transactions after completion of the Company's thirteenth stock repurchase program. The stock repurchase program does not have an expiration date.