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EX-99.1 - EXHIBIT 99.1 - Newport Bancorp Incex99-1.htm

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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):  November 18, 2011

NEWPORT BANCORP, INC.
(Exact name of registrant as specified in its charter)

Maryland
0-51856
20-4465271
(State or other jurisdiction of
(Commission
(IRS Employer
incorporation or organization)
File Number)
Identification No.)
     
     
100 Bellevue Avenue, Newport, Rhode Island
 
02840
(Address of principal executive offices)
 
(Zip Code)

Registrant’s telephone number, including area code:  (401) 847-5500

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:

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o  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 November 18, 2011, Newport Bancorp, Inc. (the “Company”) issued a press release announcing the approval of its stock repurchase program to acquire up to 176,070 shares, or 5%, of its outstanding common stock.  For more information, reference is made to the Company’s press release dated November 18, 2011, a copy of which is attached to this Report as Exhibit 99.1 and is furnished herewith.  
 

Item 9.01 Financial Statements and Exhibits.

(d) 
Exhibits

 
Number 
Description

 
99.1 
Press Release dated November 18, 2011


 
 

 

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.


 
NEWPORT BANCORP, INC.
 
(Registrant)
     
     
     
Date: November 18, 2011
By:
/s/ Bruce A. Walsh
   
Bruce A. Walsh
   
Senior Vice President
   
Chief Financial Officer