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HomeTrust Bancshares board authorizes new stock repurchase program

Asheville, N.C.-based HomeTrust Bancshares Inc.'s board authorized the repurchase of up to 851,004 of its common shares, representing 5% of the company's currently outstanding stock.

The approval of the new plan follows the company's completion of its previous stock repurchase program for 5% of its shares, which started in October 2019. The company repurchased a total of 889,123 shares at an average price of $21.09 per share.