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Home Bancshares Expands Stock Buyback and Declares Dividend

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Home Bancshares Expands Stock Buyback and Declares Dividend

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The latest announcement is out from Home Bancshares ( (HOMB) ).

On January 17, 2025, Home BancShares, Inc. announced an increase in the number of shares authorized for repurchase under its stock repurchase program, raising the authorization to 20,000,000 shares, with 13,244,493 shares remaining available for repurchase. Additionally, the company declared a regular quarterly cash dividend of $0.195 per share, payable on March 5, 2025, maintaining consistency with previous quarters. These actions reflect the company’s strategic approach to maintaining shareholder value and financial stability.

More about Home Bancshares

Home BancShares, Inc., headquartered in Conway, Arkansas, is a bank holding company with its wholly-owned subsidiary, Centennial Bank, providing commercial and retail banking services. With branches in Arkansas, Florida, Texas, South Alabama, and New York City, the company offers financial services to businesses, real estate developers, investors, individuals, and municipalities. Its common stock is traded on the New York Stock Exchange under the symbol ‘HOMB’.

YTD Price Performance: 9.31%

Average Trading Volume: 1,024,503

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $6.04B

For an in-depth examination of HOMB stock, go to TipRanks’ Stock Analysis page.

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