BROOKLINE BANCORP, INC. (NASDAQ:BRKL) Files An 8-K Regulation FD DisclosureItem 7.01. Regulation FD Disclosure.
Commencement of Public Offering of Common Stock
On April 26, 2017, Brookline Bancorp, Inc. (the “Company”) issued a press release announcing that it has commenced an underwritten public offering of its common stock (the “Offering”). The shares will be issued to a prospectus supplement and prospectus filed as part of an effective shelf registration statement filed with the Securities and Exchange Commission on Form S-3 (File No. 333-197881). The Company intends to grant underwriters a 30-day option to purchase up to an additional 15% of the shares sold in the Offering. A copy of that press release is attached hereto as Exhibit 99.2 and is incorporated by reference herein.
Item 8.01. Other Events.
On April 26, 2017, the Board of Directors of the Company issued a press release announcing its earnings for the quarter ended March 31, 2017. Additionally, the Company announced the approval by its Board of Directors of a regular quarterly dividend of $0.09 per share payable on May 26, 2017 to stockholders of record on May 12, 2017. A copy of that press release is filed herewith as Exhibit 99.1 and is hereby incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
99.1 Press release of Brookline Bancorp, Inc. reporting earnings and dividend approval, issued April 26, 2017
99.2 Press release of Brookline Bancorp, Inc. announcing public offering of common stock, issued April 26, 2017
About BROOKLINE BANCORP, INC. (NASDAQ:BRKL)
Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island and its subsidiaries; First Ipswich Bank and its subsidiaries, and Brookline Securities Corp. As a commercially-focused financial institution with approximately 50 banking offices in greater Boston, the north shore of Massachusetts and Rhode Island, the Company offers commercial, business and retail banking services, including cash management products, online banking services, consumer and residential loans and investment services in central New England. The Company’s activities include acceptance of commercial; municipal and retail deposits; origination of mortgage loans on commercial and residential real estate located principally in Massachusetts and Rhode Island; origination of commercial loans and leases to small- and mid-sized businesses; investment in debt and equity securities, and the offering of cash management and investment advisory services. BROOKLINE BANCORP, INC. (NASDAQ:BRKL) Recent Trading Information
BROOKLINE BANCORP, INC. (NASDAQ:BRKL) closed its last trading session up +0.35 at 15.95 with 281,049 shares trading hands.