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Home Bancshares (HOMB) Raises Buyback by 20M Shares

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Home BancShares, Inc. Increases Share Repurchase Program

January 25, 2021 1:00 PM EST

CONWAY, Ark., Jan. 25, 2021 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (Nasdaq: HOMB) (Home or the Company), parent company of Centennial Bank (Centennial), announced today that the Board of Directors on January 22, 2021 authorized an increase of 20,000,000 in the number of shares of the Companys stock available under its common stock repurchase program which was approved by the Board in January 2008 and most recently amended in January 2019. As of December 31, 2020, a total of approximately 3,800,000 shares remained available for repurchase under the existing repurchase authorization which will increase to approximately 23,800,000 shares available for repurchase with this... More