Bar Harbor Bankshares Announces Stock Repurchase Plan
Bar Harbor Bankshares Announces Stock Repurchase Plan
BAR HARBOR, ME / ACCESSWIRE / May 22, 2023 / Bar Harbor Bankshares (NYSE American:BHB; the "Company") announced that its Board of Directors authorized the repurchase of up to 756,000 shares of its outstanding common stock, representing approximately 5% of its shares as of April 30, 2023 under a share repurchase plan (the "Plan"). The Plan is authorized to last no longer than 12 months.
緬因州巴爾港/accesswire/2023 年 5 月 22 日/ Bar Harbor Bankshares（紐約證券交易所美國股票代碼：BHB；“公司”）宣佈，根據股票回購計劃（“計劃”），其董事會批准回購多達75.6萬股已發行普通股，約佔截至2023年4月30日其股份的5％。該計劃的有效期不得超過12個月。
Share repurchases, if any, will be made from time to time in the open market, through block trades, or otherwise, in private negotiated transactions. The timing and amount of any share repurchases will depend on a variety of factors, including but not limited to, among others, securities law restrictions (including limitations provided in Rules 10b-18 and 10b5-1 under the Securities Exchange Act of 1934, as amended), the trading price of the Company's common stock, other regulatory requirements, potential alternative uses for capital, and the Company's financial performance. The Plan does not require the Company to acquire any particular dollar amount or number of shares of common stock, and it may be modified or suspended at any time at the Company's discretion.
股票回購（如果有）將不時在公開市場上通過大宗交易進行，或者以其他方式通過私下協商交易進行。任何股票回購的時間和金額將取決於多種因素，包括但不限於證券法限制（包括經修訂的1934年《證券交易法》第10b-18條和第10b5-1條規定的限制）、公司普通股的交易價格、其他監管要求、潛在的資本替代用途以及公司的財務業績。該計劃不要求公司收購任何特定金額或數量的普通股，公司可以隨時自行決定修改或暫停該計劃。
BACKGROUND
Bar Harbor Bankshares (NYSE American: BHB) is the parent company of its wholly-owned subsidiary, Bar Harbor Bank & Trust. Founded in 1887, Bar Harbor Bank & Trust is a true community bank serving the financial needs of its clients for over 135 years. Bar Harbor provides full-service community banking with office locations in all three Northern New England states of Maine, New Hampshire and Vermont. For more information, visit .
背景
Bar Harbor Bankshares（紐約證券交易所美國股票代碼：BHB）是其全資子公司巴港銀行和信託的母公司。Bar Harbor Bank & Trust 成立於 1887 年，是一家名副其實的社區銀行，服務客戶金融需求已超過 135 年。Bar Harbor 提供全方位的社區銀行業務服務，在新英格蘭北部的所有三個州，即緬因州、新罕布什爾州和佛蒙特州均設有辦事處。欲瞭解更多信息，請訪問。
FORWARD-LOOKING STATEMENTS
Statements in this press release regarding the Company's intention to repurchase shares of its common stock from time to time under the Plan are forward-looking statements. There are a number of important factors that could cause actual events to differ materially from those suggested or indicated by such forward-looking statements. These include, among other, the market price of the Company's common stock prevailing from time to time, the nature of other investment opportunities available to the Company from time to time, the Company's cash flows from operations, general economic conditions, and other factors identified in the Company's most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission.
前瞻性陳述
本新聞稿中關於公司打算根據該計劃不時回購其普通股的聲明是前瞻性陳述。有許多重要因素可能導致實際事件與此類前瞻性陳述所暗示或表明的事件存在重大差異。其中包括不時出現的公司普通股的市場價格、公司不時可用的其他投資機會的性質、公司的運營現金流、總體經濟狀況以及公司向美國證券交易委員會提交的最新10-K表年度報告中確定的其他因素。
CONTACT
Josephine Iannelli; EVP, Chief Financial Officer & Treasurer; (207) 288-3314
聯繫
Josephine Iannelli；執行副總裁、首席財務官兼財務主管；(207) 288-3314
SOURCE: Bar Harbor Bank and Trust
來源： 巴爾港銀行和信託基金
譯文內容由第三人軟體翻譯。