HomeTrust Bancshares completes 4% stock repurchase program

HomeTrust Bank holding company HomeTrust Bancshares, Inc. (NASDAQ: HTBI) said it has completed the company´s stock repurchase program.

The program was authorized by the company´s board of directors on February 11, 2013 to fund the restricted stock portion of the company´s 2013 Omnibus Incentive Plan, which was approved at the company´s annual meeting of stockholders held on January 17, 2013.

A total of 846,400 shares, or 4% of the company´s then outstanding shares, were purchased at a total cost of approximately USD13.3m, or an average cost of USD15.71 per share.

HomeTrust Bancshares is the holding company for HomeTrust Bank. HomeTrust Bank, including its banking divisions. The bank is the 12th largest bank headquartered in North Carolina.