SOUND FINANCIAL BANCORP, INC. (NASDAQ:SFBC) Files An 8-K Results of Operations and Financial Condition
Item 2.02.Results of Operations and Financial Condition.
On January 28, 2019, Sound Financial Bancorp, Inc. (the “Company”) issued a press release announcing financial results for the quarter and year ended December 31, 2018 and the declaration of a regular quarterly cash dividend on the Company’s common stock of $0.14 per share. The cash dividend is payable on February 22, 2019 to stockholders of record as of the close of business on February 8, 2019. A copy of the press release is attached hereto as Exhibits 99.1 and is incorporated herein by reference.
Item 8.01. Other Events.
On January 28, 2019, the Company announced that its Board of Directors has authorized a stock repurchase program. Under this repurchase program, the Company may repurchase up to $1,750,000 of the Company’s outstanding shares, in the open market, based on prevailing market prices, or in privately negotiated transactions, over a period beginning on January 31, 2019, continuing until the earlier of the completion of the repurchase or the next six (6) months, depending upon market conditions.
The Company’s Board of Directors also authorized management to enter into a trading plan with Keefe, Bruyette & Woods, Inc. in accordance with Rule10b5-1 of the Securities Exchange Act of 1934, as amended (the “Act”), to facilitate repurchases of its common stock to the above mentioned stock repurchase program. A copy of the press release is attached to this Current Report as Exhibit 99.2 and is incorporated herein by reference.
Item 9.01.Financial Statements and Exhibits.
Sound Financial Bancorp, Inc. Exhibit
EX-99.1 2 a201812318k-ex991.htm PRESS RELEASE – EARNIGNS AND DIVIDEND Exhibit Sound Financial Bancorp,…
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