Hopfed Bancorp (HFBC) Announces 300K Share Buyback
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HopFed Bancorp, Inc. Announces New Stock Repurchase Program
November 18, 2015 1:20 PM ESTHOPKINSVILLE, Ky.--(BUSINESS WIRE)-- HopFed Bancorp, Inc. (NASDAQ: HFBC) (the Company), the holding company for Heritage Bank USA, Inc. (Heritage), today reported that its Board of Directors approved a new stock repurchase program of up to 300,000 shares of the Companys common stock at a price not to exceed tangible book value. The new stock repurchase program will commence immediately and will expire on December 31, 2017.
On October 31, 2014, the Company announced that its Board of Directors had authorized a 300,000 share repurchase program over a period of twelve months. Furthermore, the Company could purchase up to an... More
