Springfield-based Hampden Bancorp Inc., the holding company for Hampden Bank, has completed its fifth overall stock repurchase program, which was approved by the company’s board of directors Nov. 1.

A total of 321,255 shares, or approximately 5 percent of the company’s then-outstanding common shares, were purchased at a total cost of approximately $3.8 million – or an average of $11.81 per share, the company said.

Hampden Bank operates 10 office locations in Springfield, Agawam, Longmeadow, West Springfield and Wilbraham.