United Community Bancorp (UCBA) Announces Approval of New Stock Buyback Program

August 15, 2008 7:31 AM EDT

United Community Bancorp (NASDAQ: UCBA) announced that the Company's Board of Directors has authorized a new stock repurchase program under which the Company may repurchase up to 162,371 shares of the Company's outstanding common stock, or approximately 5% of the outstanding shares held by persons other than United Community MHC.

United Community Bancorp is the holding company of United Community Bank, headquartered in Lawrenceburg, Indiana.


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