 HOQUIAM, Wash., Feb. 24, 2021 GLOBE NEWSWIRE -- Timberland Bancorp, Inc. NASDAQ: TSBK Timberland or the Company, the holding company for Timberland Bank the Bank announced today that its Board of Directors has adopted a new stock repurchase program. Under the repurchase program, the Company may repurchase up to 5 of the Companys outstanding shares, or 415,970 shares. The new stock repurchase program replaces the existing stock repurchase program, which had 141,952 shares available to be repurchased. 