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HBCP buying 357,075 shares in open market     12-May-09 09:45 pm    
Press Release Source: Home Bancorp, Inc.
Home Bancorp Announces Results of Annual Meeting of Shareholders and Stock Purchases to Fund Plan


LAFAYETTE, La., May 12 /PRNewswire-FirstCall/ -- Home Bancorp, Inc. (Nasdaq: HBCP - News; the "Company"), the parent company for Home Bank (www.home24bank.com), a Federally chartered savings bank headquartered in Lafayette, Louisiana (the "Bank"), announced that shareholders re-elected the Board's nominees, Henry W. Busch, Jr., Lester J. Dailey and John A. Hendry, to additional three-year terms and that the Company received approval of its proposals to adopt the 2009 Stock Option Plan and the 2009 Recognition and Retention Plan presented to shareholders at the annual meeting held today.

"I am pleased by the support of our shareholders in voting in favor of our proposals," said John W. Bordelon, President and Chief Executive Officer of Home Bancorp, Inc. "We are gratified by this showing of shareholder support for our directors and the stock benefit plans."

In order to fund the 2009 Recognition and Retention Plan, the related trust will purchase 357,075 shares of Home Bancorp's common stock in the open market. Purchases will be made from time to time at the discretion of management.

Home Bank conducts business from its main office in Lafayette, Louisiana, eight additional full-service banking offices in the Lafayette metropolitan area as well as two full service banking offices and a loan production office in Baton Rouge, Louisiana.
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HBCP buying 357,075 shares in open market
td98usa (1 Rating) 12-May-09 09:45 pm  
 
will we see a stream of steady buy backs after thi...
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Home Bancorp, Inc. (HBCP)

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