Home Bancshares, Inc. (Conway, AR) announces an Increase in Equity Buyback.
January 20, 2017
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On January 20, 2017, the company announced an increase in its equity buyback plan. The company increased its authorization by 5,000,000 shares thereby bringing the total authorization to 9,752,000 shares.
Home BancShares, Inc. is a bank holding company. The Company is primarily engaged in providing a range of commercial and retail banking and related financial services to businesses, real estate developers and investors, individuals and municipalities through its wholly owned community bank subsidiary, Centennial Bank (the Bank). The Bank originates loans primarily secured by single and multi-family real estate, residential construction, and commercial buildings. In addition, the Bank makes loans to small and medium-sized commercial businesses as well as to consumers for a variety of purposes. The Bank offers a range of deposit services, including checking, savings, money market accounts and certificates of deposit. The Bank offers a range of products and services, including 24-hour Internet banking, mobile banking and voice response information, cash management, overdraft protection, direct deposit, safe deposit boxes, United States savings bonds and automatic account transfers.