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EX-99 - EX-99 - Territorial Bancorp Inc.a16-5894_1ex99.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): March 7, 2016

 

TERRITORIAL BANCORP INC.

(Exact Name of Registrant as Specified in its Charter)

 

Maryland

 

1-34403

 

26-4674701

(State or Other Jurisdiction)

 

(Commission File No.)

 

(I.R.S. Employer

of Incorporation)

 

 

 

Identification No.)

 

1132 Bishop Street, Suite 2200, Honolulu, Hawaii

 

96813

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code:        (808) 946-1400

 

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):

 

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 March 7, 2016, the Board of Directors of Territorial Bancorp Inc. announced a seventh stock repurchase program. Under the repurchase program, the Company may repurchase up to 275,000 shares of its common stock, or approximately 3% of the current outstanding shares.  A copy of the press release announcing the stock repurchase program is attached as Exhibit 99 to this report.

 

Item 9.01.                                        Financial Statements and Exhibits

 

(a)                                 Not Applicable.

 

(b)                                 Not Applicable.

 

(c)                                  Not Applicable.

 

(d)                                 Exhibits.

 

Exhibit No.

 

Exhibit

 

 

 

99

 

Press release dated March 7, 2016

 

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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.

 

Territorial Bancorp Inc.

 

 

DATE: March 7, 2016

By:

/s/ Vernon Hirata

 

Vernon Hirata

 

Vice Chairman, Co-Chief Operating Officer

 

and Secretary

 

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