Market Exclusive

SHORE BANCSHARES, INC. (NASDAQ:SHBI) Files An 8-K Other Events

SHORE BANCSHARES, INC. (NASDAQ:SHBI) Files An 8-K Other Events

Item 8.01.

Other Events.

On February 8, 2017, Shore Bancshares, Inc. announced that its
Board of Directors declared a cash dividend of $0.05 per share,
payable on February 28, 2017 to holders of record of shares of
common stock as of February 19, 2017. A copy of the press release
is attached as Exhibit 99.1 hereto and incorporated herein by
reference.

The information furnished under Item 8.01 and Item 9.01 of this
Current Report on Form 8-K, including the exhibit, shall not be
deemed filed for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended, or otherwise subject to
liabilities under that Section, nor shall it be deemed
incorporated by reference in any registration statement or other
filings of the Company under the Securities Act of 1933, as
amended, except as shall be set forth by specific reference in
such filing.

Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.

The exhibits that are filed or furnished with this report are
listed in the Exhibit Index that immediately follows the hereto,
which list is incorporated herein by reference.

About SHORE BANCSHARES, INC. (NASDAQ:SHBI)
Shore Bancshares, Inc. is a financial holding company. The Company acts as the parent company to several financial institution and insurance entities. The Company has two business segments: Community Banking, and Insurance Products and Services. Its Community Banking segment provides services to consumers and small businesses on the Eastern Shore of Maryland and in Delaware. The Company is engaged in the banking business through CNB, a Maryland commercial bank with trust powers and The Talbot Bank of Easton, a Maryland commercial bank (the Banks). Its Insurance Products and Services segment provides a range of insurance products and services to businesses and consumers in the Company’s market areas. The Banks provide a range of commercial and consumer banking products and services to individuals, businesses, and other organizations in Kent County, Queen Anne’s County, Caroline County, Talbot County and Dorchester County in Maryland and in Kent County, Delaware. SHORE BANCSHARES, INC. (NASDAQ:SHBI) Recent Trading Information
SHORE BANCSHARES, INC. (NASDAQ:SHBI) closed its last trading session up +0.17 at 17.00 with 29,575 shares trading hands.

Exit mobile version