Louisiana Bancorp, Inc. (LABC) Reports Q3 Earnings of $0.17; Approves 5% Stock Buyback Plan

October 28, 2011 7:11 AM EDT
Louisiana Bancorp, Inc. (NASDAQ: LABC) reported Q3 EPS of $0.17, versus $0.17 reported last year.

In addition, the Company announced that it will initiate a new repurchase program to acquire up to 5%, or 163,163 shares, of its outstanding common stock. The shares may be purchased in the open market or through privately negotiated transactions from time to time depending upon market conditions and other factors over the next six months.


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