Richmond Mutual Bancorporation, Inc. Announces Expanded Stock Buyback Program

Richmond Mutual Bancorporation, Inc.'s Board of Directors has approved the purchase of additional shares of common stock

Buybacks

Richmond Mutual Bancorporation, Inc. (RMBI) has made an announcement regarding its stock buyback program. The company's Board of Directors has approved an amendment to the existing program, allowing for the purchase of additional shares of common stock.

Expanding the Stock Repurchase Program

The Board of Directors of Richmond Mutual Bancorporation, Inc. has authorized the purchase of up to 321,386 shares of the company's issued and outstanding common stock. This addition is in addition to the 827,554 shares that were already available for repurchase under the existing program. The extended stock repurchase program will now be in effect until June 6, 2024.

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