---
schema_version: "secwatch.filing_event.v1"
accession: "0001767837-24-000013"
form_type: "8-K"
ticker: "RMBI"
cik: "0001767837"
company_name: "Richmond Mutual Bancorporation, Inc."
filed_at: "2024-05-16T23:59:59+00:00"
generated_at: "2026-06-01T21:34:28.558709+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Richmond Mutual extends stock repurchase program to June 2025; 723k shares remain

## Summary
- Board extended repurchase program by one year to June 6, 2025.
- As of May 15, 2024, 723,195 shares remain available for repurchase.
- Company has repurchased 782,840 shares at aggregate cost of $8.8M since program inception.
- Board authorized a Rule 10b5-1 trading plan with KBW to facilitate repurchases.
- Chairman cites stock undervaluation and confidence in financial condition as reasons.

## SEC filing metadata
- accession: 0001767837-24-000013
- form_type: 8-K
- ticker: RMBI
- cik: 0001767837
- company_name: Richmond Mutual Bancorporation, Inc.
- filed_at: 2024-05-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1767837/000176783724000013/0001767837-24-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1767837/000176783724000013/rmbi-20240516.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001767837-24-000013
- JSON: https://secwatch.observer/filing/0001767837-24-000013.json
- Plain text: https://secwatch.observer/filing/0001767837-24-000013.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.