Attached files
| file | filename |
|---|---|
| EX-99.1 - EXHIBIT 99.1 - National Bank Holdings Corp | exhibit99122015stockrepurc.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): February 11, 2015
NATIONAL BANK HOLDINGS CORPORATION
(Exact name of registrant as specified in its charter)
Delaware | 001-35654 | 27-0563799 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
7800 East Orchard Road, Suite 300, Greenwood Village, Colorado 80111
(Address of principal executive offices) (Zip Code)
720-529-3336
(Registrant’s telephone, including area code)
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 (see General Instruction A.2. below):
[ ] 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 February 11, 2015, the Board of Directors of National Bank Holdings Corporation (the “Company”) authorized a new program to repurchase up to $50.0 million of the Company’s common stock from time to time either in the open market or in privately negotiated transactions in accordance with applicable regulations of the Securities and Exchange Commission. To date, the Company has repurchased $47.9 million of its previously authorized $50.0 million stock repurchase program announced in October 2014, or 2.6 million shares, at a weighted average price of $18.49 per share. The new program will go into effect once the existing program is completed.
Since early 2013, the Company has repurchased 15.1 million shares, or 28.9% of its outstanding shares, at a weighted average price of $19.51 per share. Pending the settlement of the shares repurchased through February 10, 2015, the Company had outstanding 37,285,208 shares of its common stock, including 36,899,479 shares of Class A voting common stock and 385,729 shares of Class B non-voting common stock.
The press release issued by the Company is included as Exhibit 99.1 to this Current Report on Form 8-K and incorporated into this Item 8.01 by reference.
Item 9.01. Financial Statements and Exhibits.
Exhibit No. | Description of Exhibit |
99.1 | Press release, dated February 11, 2015. |
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.
National Bank Holdings Corporation | |
By: | /s/ Zsolt K. Besskó |
Name: Zsolt K. Besskó Title: Chief Administrative Officer & General Counsel | |
Date: February 11, 2015 | |