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EX-99.1 - PRESS RELEASE - Monarch Financial Holdings, Inc.d231245dex991.htm

 

 

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): September 12, 2011

 

 

MONARCH FINANCIAL HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Virginia   001-34565   20-4985388

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

1435 Crossways Boulevard

Chesapeake, Virginia

  23320
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (757) 389-5111

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:

 

¨ 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))

 

 

 


Item 8.01 – Other Events

On September 12, 2011, Monarch Financial Holdings, Inc. (the “Company”) issued a press release announcing that the Board of Directors has approved a stock repurchase program authorizing the Company to repurchase shares of common stock equaling up to 3% of the Company’s outstanding common stock, or 180,000 shares. For more information, the Company’s press release dated September 12, 2011 is attached to this report as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

 

  99.1 Monarch Financial Holdings, Inc. press release.

 

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SIGNATURE

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.

 

    MONARCH FINANCIAL HOLDINGS, INC.
Date: September 12, 2011    

/s/ Brad E. Schwartz

    Brad E. Schwartz
    Chief Executive Officer

 

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