Home BancShares, Inc. Increases Share Repurchase Program and Announces First Quarter Cash Dividend

Core Points - Home BancShares, Inc. has authorized an increase in the shares available for repurchase to 20,000,000 shares, with approximately 13,244,493 shares remaining available as of January 17, 2025, resulting in an increase of 6,755,507 shares [2] - The Board of Directors declared a regular quarterly cash dividend of $0.195 per share, payable on March 5, 2025, to shareholders of record on February 12, 2025, consistent with dividends paid in the third and fourth quarters of 2024 [3] Company Overview - Home BancShares, Inc. is a bank holding company headquartered in Conway, Arkansas, with its wholly-owned subsidiary, Centennial Bank, providing a range of commercial and retail banking services [5] - Centennial Bank operates branch locations in Arkansas, Florida, Texas, South Alabama, and New York City, and the company's common stock is traded on the New York Stock Exchange under the symbol "HOMB" [5]