Central Plains Bancshares, Inc. (the "Company") (Nasdaq Capital Market: "CPBI"), the holding company for Home Federal Savings and Loan Association of Grand Island, which operates under the name "Home Federal Bank" (the "Bank"), announced that its Board of Directors has adopted a stock repurchase program. Under the repurchase program, the Company may repurchase up to 200,000 shares of its common stock, or approximately 5.0% of the current outstanding shares.

Repurchases will be made no sooner than the termination of the Company's regular trading blackout period, and consistent with the Company's trading policies.