Tranche Update on Home Bancshares, Inc. (Conway, AR)'s Equity Buyback Plan announced on January 18, 2008.
January 16, 2020 at 10:45 pm IST
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From October 1, 2019 to December 31, 2019, the company has repurchased 510,500 shares, representing 0.31% for $9.48 million. With this, the company has completed the repurchase of 14,374,785 shares, representing 10.47% for $250.39 million under the buyback announced on January 18, 2008.
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.