HomeTrust Bancshares, Inc. (NYSE: HTB) announced on October 5, 2026, that its Board of Directors has authorized a new stock repurchase program following the completion of a previous program. The previous program, which began in August 2026, resulted in the repurchase of 832,000 shares at an average price of $47.70 per share. This transaction represents a total value of approximately $39.7 million.
The new authorization allows the company to repurchase up to an additional 790,000 shares of its common stock. This amount represents approximately 5% of the company’s currently outstanding shares. The repurchased shares may be purchased in the open market or in privately negotiated transactions from time to time, depending on market conditions and other factors.
Headquartered in Asheville, North Carolina, HomeTrust Bancshares is the holding company for HomeTrust Bank. As of June 30, 2026, the company reported total assets of $4.4 billion. The bank operates over 30 locations across North Carolina, South Carolina, East Tennessee, Southwest Virginia, and Georgia.