UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934 
Date of Report (Date of earliest event reported): March 12, 2020
 
BAR HARBOR BANKSHARES
(Exact Name of Registrant as Specified in its Charter)
 
 
Maine
 
001-13349
 
01-0393663
(State or Other Jurisdiction)
of Incorporation)
 
(Commission File No.)
 
(I.R.S. Employer
Identification No.)
PO Box 400
 
04609-0400
82 Main Street
 
(Zip Code)
Bar Harbor, Maine
 
 
(Address of Principal Executive Offices)
 
 
 Registrant’s telephone number, including area code: (207) 288-3314
 Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
 
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
¨

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act
Title of each class
Trading Symbol
Name of each exchange on which registered
Common Stock, par value $2.00 per share
BHB
NYSE American
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
 





Item 8.01 Other Events.

Bar Harbor Bankshares (NYSE American: BHB) (the “Company”) issued a press release on March 12, 2020 announcing that the Company’s Board of Directors authorized a share repurchase plan. Under the terms of the share repurchase plan, the Company is authorized to repurchase up to 5% of its outstanding common stock, representing approximately 781,000 shares as of March 12, 2020. The plan may be suspended or discontinued at any time without notice. A copy of the press release dated March 12, 2020 is attached to this Current Report as Exhibit 99.1 and is incorporated herein by reference.
 
 
Item 9.01 Financial Statements and Exhibits

(a)
Not applicable.
 
(b)
Not applicable.

(c)
Not applicable.

(d)
Exhibits









SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
 
 
BAR HARBOR BANKSHARES
 
 
Date: March 12, 2020
By: /s/ Josephine Iannelli
 
       Josephine Iannelli
 
       EVP & Chief Financial Officer



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