Tranche Update on HomeTrust Bancshares, Inc.'s Equity Buyback Plan announced on July 28, 2021.
October 27, 2021 at 01:51 pm
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From July 28, 2021 to September 30, 2021, the company has repurchased 258,778 shares, representing 1.57% for $7.16 million. With this, the company has completed the repurchase of 258,778 shares, representing 1.57% for $7.16 million under the buyback announced on July 28, 2021.
HomeTrust Bancshares, Inc. is the holding company for HomeTrust Bank (the Bank). The Bank is a state-chartered, community-focused financial institution committed to providing value-added relationship banking with over 30 locations, as well as online/mobile channels. Its principal business consists of attracting deposits from the general public and investing those funds, along with borrowed funds, in commercial real estate loans, construction and development loans, commercial and industrial loans, equipment finance leases, municipal leases, loans secured by first and second mortgages on one-to-four family residences, including home equity loans and other consumer loans. It also originates one-to-four family loans, SBA loans and HELOCs to sell to third parties. It invests in debt securities issued by United States Government agencies and GSEs, municipal bonds, corporate bonds, commercial paper and certificates of deposit insured by the Federal Deposit Insurance Corporation.