Richmond Mutual Bancorp increases stock repurchase authorization by 321,386 shares, extends program through June 2024

Richmond Mutual Bancorporation, Inc.

Added 321,386 shares to remaining 827,554 shares available; total authorization now about 1.15M shares.
Program extended to June 6, 2024; 357,095 shares repurchased for $4.0M since inception.
Board authorized a 10b5-1 trading plan with Keefe, Bruyette & Woods to facilitate repurchases.
Chairman cites undervalued stock and strong liquidity/capital as confidence in the buyback.

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