Louisiana Bancorp extends share buyback program
Louisiana Bancorp extends share buyback program by 3 months; ends Dec. 17
- On 11:10 am EDT, Wednesday September 16, 2009
METAIRIE, La. (AP) -- Louisiana Bancorp Inc., the holding company of the Bank of New Orleans, said Wednesday it extended its latest share repurchase program by three months to Dec. 17.
The company said it has acquired 239,685 shares under the program, leaving a balance of 32,323 shares remaining to be purchased. The shares may be acquired in the open market or privately.
The company had about 5.3 million shares outstanding, according to a recent filing with the Securities and Exchange Commission.
Shares of Louisiana Bancorp last traded at $13.75.
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