Attached files
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| EX-99.1 - EX-99.1 - NewStar Financial, Inc. | news-ex991_6.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): December 9, 2016
NewStar Financial, Inc.
(Exact name of Registrant as Specified in Its Charter)
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Delaware |
001-33211 |
54-2157878 |
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(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
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500 Boylston Street, Suite 1250, Boston, MA |
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02116 |
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(Address of Principal Executive Offices) |
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(Zip Code) |
Registrant’s Telephone Number, Including Area Code: (617) 848-2500
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 Instructions A.2. below):
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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)) |
On December 9, 2016, NewStar Financial, Inc. (“NewStar”) announced that its Board of Directors (the “Board”) had authorized a new stock repurchase plan, under which NewStar may repurchase of up to $30.0 million of its common stock from time to time in open market or privately negotiated transactions. The timing and amount of any shares purchased will be determined by NewStar’s management based on its evaluation of market conditions and other factors.
The new stock repurchase program will commence immediately upon the scheduled expiration of NewStar’s previously announced stock repurchase program on December 31, 2016. The new repurchase plan is scheduled to expire on December 31, 2017, unless extended by the Board, and may be suspended or discontinued at any time.
A copy of the press release of NewStar is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit Number |
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Description |
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99.1 |
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Press Release of NewStar Financial, Inc. dated December 9, 2016. |
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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 thereunto duly authorized.
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NEWSTAR FINANCIAL, INC. |
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Date: December 9, 2016 |
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By: |
/s/ JOHN KIRBY BRAY |
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John Kirby Bray |
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Chief Financial Officer |
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Exhibit Number |
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Description |
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99.1 |
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Press Release of NewStar Financial, Inc. dated December 9, 2016. |
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