Richmond Mutual Bancorp extends stock repurchase program

Richmond Mutual Bancorporation announced that its Board of Directors extended the company’s current stock repurchase program, scheduled to expire on June 6, 2024, for an additional year, now set to expire on June 6, 2025. As of May 15, 2024, 723,195 shares remained available for future purchase under the existing stock repurchase program. Since the stock repurchase program’s inception through May 15, 2024, the company has repurchased 782,840 shares at an aggregate cost of $8.8M.