Heritage Financial (HBOS) Approves 5% Buyback Plan

Heritage Financial Group, Inc. (Nasdaq: HBOS), has approved a new stock repurchase program. The program authorizes the Company to repurchase up to approximately 5% of its outstanding common stock, or approximately 435,000 shares. Repurchases may be made from time to time in open-market or negotiated transactions as deemed appropriate by the Company and will depend on market conditions. The new program will expire in December 2012 unless completed sooner or otherwise extended.

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