Bar Harbor Bankshares Announces Stock Repurchase Plan Of Up To 756,000 Shares Of Its Outstanding Common Stock; The Plan Is Authorized To Last No Longer Than 12 Months
Bar Harbor Bankshares Announces Stock Repurchase Plan Of Up To 756,000 Shares Of Its Outstanding Common Stock; The Plan Is Authorized To Last No Longer Than 12 Months
Bar Harbor Bankshares (NYSE: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.
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.
Bar Harbor Bankshares (NYSE: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.
Bar Harbor Bankshares(紐約證券交易所代碼: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。
譯文內容由第三人軟體翻譯。
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