On October 15, 2025, Home Federal Bancorp’s Board of Directors approved its fourteenth stock repurchase program, authorizing the company to buy back up to 100,000 shares—about 3 % of its outstanding common stock—over four calendar quarters. The repurchases may be conducted in the open market or through private negotiations, providing flexibility in execution. This new program follows the completion of the thirteenth program and will run without an expiration date, allowing the company to return capital to shareholders as market conditions permit.
The program stipulates that up to 25,000 shares may be repurchased each quarter, creating a steady, predictable capital return schedule that complements HFBL’s broader strategy to enhance shareholder value while maintaining a robust capital base. By adding this buyback vehicle, the company can deploy excess capital efficiently without compromising its liquidity or regulatory capital requirements. The structured quarterly approach also signals management’s confidence in the company’s financial health and future cash flow generation.
The announcement noted that HFBL’s quarterly cash dividend remains at $0.135 per share, payable on November 10, 2025, to shareholders of record as of October 27, 2025. While the dividend amount is unchanged, the new buyback program provides an additional channel for returning excess capital to investors. Together, the dividend and buyback program reinforce HFBL’s commitment to delivering consistent shareholder returns.
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