Current Report Filing (8-k)

Date : 01/15/2019 @ 9:44PM
Source : Edgar (US Regulatory)
Stock : Auburn National Bancorporation, Inc. (AUBN)
Quote : 39.045  0.645 (1.68%) @ 5:34PM

Current Report Filing (8-k)

 

 

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): January 15, 2019

 

 

AUBURN NATIONAL BANCORPORATION, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   0-26486   63-0885779

(State or other jurisdiction

of incorporation

 

(Commission

file number)

 

(IRS Employer

Identification Number)

100 North Gay Street, P.O. Drawer 3110, Auburn, Alabama 36831-3110

(Address of principal executive offices)

(334) 821-9200

(Registrant’s telephone number, including area code)

 

 

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:

 

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))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

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

On January 15, 2019, the Board of Directors of Auburn National Bancorporation, Inc. (the “Company”) announced that its Board of Directors has approved a stock repurchase program. The program authorizes the repurchase from time to time, of up to $5 million of the Company’s issued and outstanding common stock through March 2020. The stock repurchases may be open-market or private purchases, negotiated transactions, block purchases, and otherwise. The amount and timing of the stock repurchases will be based on various factors, such as management’s assessment of the Company’s liquidity, the market price of Company common stock compared to management’s assessment of such stock’s underlying value, and other applicable regulatory, legal and accounting factors. A copy of the press release is attached and incorporated herein by reference as Exhibit 99.1.

 

Item 9.01.

Financial Statements and Exhibits.

(d)     Exhibits . The following exhibit is furnished herewith:

 

Exhibit No.

  

Exhibit Description

99.1    Press Release, dated January 15, 2019


SIGNATURES

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

 

Date: January 15, 2019

   

Auburn National Bancorporation, Inc.

    By:   /s/ David A. Hedges
     

David A. Hedges

Executive Vice President and Chief Financial Officer

Auburn National Bancorporation (NASDAQ:AUBN)
Historical Stock Chart

1 Year : From Jul 2018 to Jul 2019

Click Here for more Auburn National Bancorporation Charts.

Auburn National Bancorporation (NASDAQ:AUBN)
Intraday Stock Chart

Today : Tuesday 23 July 2019

Click Here for more Auburn National Bancorporation Charts.

Latest AUBN Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.