June 7, 2010 (FinancialWire) — Hampden Bancorp, Inc. (NASDAQ: HBNK), the holding company for Hampden Bank, said that its board has authorized a third stock repurchase program (for the purchase of up to 357,573 shares, or 5%, of the company’s outstanding common stock.

Hampden said that the plan is for the program to complete all repurchases within twelve months.

Massachusetts-based Hampden Bank is a community bank with nine office locations in Springfield, Agawam, Longmeadow, West Springfield, Wilbraham, Tower Square in downtown Springfield, and Indian Orchard.

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