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.
缅因州巴尔港/accesswire/2023 年 5 月 22 日/ Bar Harbor Bankshares（纽约证券交易所美国股票代码：BHB；“公司”）宣布，根据股票回购计划（“计划”），其董事会批准回购多达75.6万股已发行普通股，约占截至2023年4月30日其股份的5％。该计划的有效期不得超过12个月。
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.
股票回购（如果有）将不时在公开市场上通过大宗交易进行，或者以其他方式通过私下协商交易进行。任何股票回购的时间和金额将取决于多种因素，包括但不限于证券法限制（包括经修订的1934年《证券交易法》第10b-18条和第10b5-1条规定的限制）、公司普通股的交易价格、其他监管要求、潜在的资本替代用途以及公司的财务业绩。该计划不要求公司收购任何特定金额或数量的普通股，公司可以随时自行决定修改或暂停该计划。
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（纽约证券交易所美国股票代码：BHB）是其全资子公司巴港银行和信托的母公司。Bar Harbor Bank & Trust 成立于 1887 年，是一家名副其实的社区银行，服务客户金融需求已超过 135 年。Bar Harbor 提供全方位的社区银行业务服务，在新英格兰北部的所有三个州，即缅因州、新罕布什尔州和佛蒙特州均设有办事处。欲了解更多信息，请访问。
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.
前瞻性陈述
本新闻稿中关于公司打算根据该计划不时回购其普通股的声明是前瞻性陈述。有许多重要因素可能导致实际事件与此类前瞻性陈述所暗示或表明的事件存在重大差异。其中包括不时出现的公司普通股的市场价格、公司不时可用的其他投资机会的性质、公司的运营现金流、总体经济状况以及公司向美国证券交易委员会提交的最新10-K表年度报告中确定的其他因素。
CONTACT
Josephine Iannelli; EVP, Chief Financial Officer & Treasurer; (207) 288-3314
联系
Josephine Iannelli；执行副总裁、首席财务官兼财务主管；(207) 288-3314
SOURCE: Bar Harbor Bank and Trust
来源： 巴尔港银行和信托基金
译文内容由第三方软件翻译。