Home Bank’s board of directors has approved plans for the Lafayette-based community bank to buy back up to 402,835 shares. That represents about 5% of the outstanding shares of Home Bank. The bank recently repurchased 424,027 shares at an average of $13.56 a share. Shares of Home Bank were up 1 cent in early trading, at $14.36.
Home Bank plans stock buyback
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.
