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Louisiana Bancorp Announces New 150K Share Repurchase Program

Louisiana Bancorp, Inc. (LABC), the holding company for Bank of New Orleans, said Wednesday that it has completed its previously announced stock repurchase program and that it will initiate a new stock repurchase program to acquire up to 150,000 shares of its outstanding common stock.

The shares may be purchased in the open market or privately negotiated transactions, as and when deemed appropriate by management over the next six months.

by RTTNews Staff Writer

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