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EX-99.1 - PRESS RELEASE - AJS Bancorp, Inc. | ex99pr102114.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): October 21, 2014
AJS BANCORP, INC.
(Exact Name of Registrant as Specified in Charter)
Maryland
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000-55083
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90-1022599
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(State or Other Jurisdiction
of Incorporation)
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(Commission File No.)
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(I.R.S. Employer
Identification No.)
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14757 South Cicero Avenue, Midlothian, Illinois
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60445
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrant’s telephone number, including area code: (708) 687-7400
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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 8.01.
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Other Events
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On October 21, 2014, AJS Bancorp, Inc. (the “Company”) announced that its Board of Directors adopted a second stock repurchase program. Under the repurchase program, the Company may repurchase up to 115,000 shares of its common stock, or approximately 5.0% of its outstanding shares (assuming the completion of the Company’s first stock repurchase plan of 56,267 shares).
In addition, on October 21, 2014, the Board of Directors announced the declaration of a quarterly cash dividend on the Company’s outstanding shares of common stock of $0.05 per share. The dividend will be payable to stockholders of record as of November 4, 2014 and is expected to be paid on November 25, 2014.
A copy of the press release announcing the stock repurchase program and declaration of a cash dividend is included as exhibit 99.1 to this report and is incorporated herein by reference.
Item 9.01
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Financial Statements and Exhibits
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(a)
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No financial statements of businesses acquired are required.
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(b)
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No pro forma financial information is required.
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(c)
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Not Applicable.
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(d)
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Exhibits.
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99.1
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Press Release dated October 21, 2014
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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.
AJS BANCORP, INC.
(Registrant)
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DATE: October 21, 2014
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By:
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/s/ Emily Lane
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Emily Lane
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Chief Financial Officer
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