METAIRIE, La., Sept. 14, 2010 (GLOBE NEWSWIRE) -- Louisiana Bancorp, Inc. (Nasdaq:LABC), the holding company for Bank of New Orleans, announced today that it has completed its previously announced ninth stock repurchase program and that it will initiate a tenth stock repurchase program to acquire up to 5%, or 199,886 shares of its outstanding common stock. These shares may be purchased in the open market or privately negotiated transactions, as and when deemed appropriate by management over the next six months.
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