05:48 PM EDT, 05/16/2024 (MT Newswires) -- Richmond Mutual Bancorporation ( RMBI ) said Thursday its board extended the current stock repurchase program for a year.

The company has 723,195 shares available for repurchase under the program, which will expire on June 6, 2025.

Richmond Mutual also kept its quarterly cash dividend at $0.14 a share, payable June 13 to shareholders of record on May 30.