HomeTrust Bancshares To Buy Back Up To 5% Of Its Stock

(RTTNews) - HomeTrust Bancshares, Inc. (HTBI), the holding company for HomeTrust Bank, said Tuesday that its Board of Directors has authorized the repurchase of up to 1,041,245 shares of the company's common stock, representing 5% of the company's outstanding shares.

The shares may be purchased in the open market or in privately negotiated transactions, from time to time depending upon market conditions and other factors.

Dana Stonestreet, President and Co-CEO, said, "Our capital position provides us with the capability to repurchase shares when the opportunity arises and reinforces our commitment to creating sustained long-term shareholder value."