Apr. 22 at 2:38 AM
$HBCP Home Bancorp announces 400,000 share repurchase plan
The company announced that the Board of Directors approved a new share repurchase plan. Under the 2025 Repurchase Plan, the company may purchase up to 400,000 shares, or approximately 5% of the company's outstanding common stock. Share repurchases under the 2025 Repurchase Plan may commence upon the completion of the company's 2023 Repurchase Plan.
As of March 31, 2025, there were 138,315 shares remaining that may be repurchased under the 2023 Repurchase Plan. The repurchase plans do not include specific price targets and may be executed through the open market or privately-negotiated transactions depending upon market conditions and other factors. The repurchase plans have no time limit and may be suspended or discontinued at any time.
