Central Plains Bancshares, Inc. (Nasdaq: CPBI) announced on September 9, 2026, that its Board of Directors has approved a new stock repurchase program. The company, which serves as the holding company for Home Federal Savings and Loan Association of Grand Island, operating under the name Home Federal Bank, stated that the new program replaces its previous repurchase authorization.
Under the terms of the new program, the Company is authorized to repurchase up to 417,481 shares of its common stock. This amount represents approximately 10% of the Company's currently outstanding shares. The repurchase program may be executed at the Company's discretion, subject to market conditions and other factors.
The announcement was made via a press release dated September 9, 2026, which was attached to the Company's Form 8-K filing with the SEC. Central Plains Bancshares was originally chartered in 1935 and is headquartered in Grand Island, Nebraska. The Bank operates a main office in Grand Island and eight branch offices located in Hastings, Holdrege, Lexington, Lincoln, and Superior, Nebraska, as well as a drive-up facility in Grand Island.
