Home Federal Bancorp, Inc. of Louisiana Announces Approval of Stock Repurchase Program

SHREVEPORT, La., Feb. 16, 2022 (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 on February 16, 2022, approved the Company’s eleventh stock repurchase program. The new repurchase program provides for the repurchase of up to 170,000 shares, or approximately 5.0% of the Company’s outstanding common stock from time to time, in open market or privately negotiated transactions. The stock repurchase program does not have an expiration date.

Home Federal Bancorp, Inc. of Louisiana is the holding company for Home Federal Bank which conducts business from its nine full-service banking offices and home office in northwest Louisiana.

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