Attached files

file filename
EX-99.1 - EXHIBIT 99.1 - Anchor Bancorpanchor8k111717exh991.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:  November 17, 2017

Anchor Bancorp
(Exact name of registrant as specified in its charter)
 
Washington
001-34965
26-3356075
(State or other jurisdiction
(Commission File
(I.R.S. Employer
of incorporation)
Number)
Identification No.)
                                                                                                                                                                                                                                                                                                                                                                         
601 Woodland Square Loop, SE
Lacey, Washington  98530
(Address of principal executive offices and zip code)

(360) 491-2250
(Registrant's telephone number, including area code)


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.

[  ]  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))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]


Item 8.01 Other Events

On November 17, 2017, Anchor Bancorp (the "Company") announced that the Company's Board of Directors has approved a stock repurchase program authorizing the repurchase of up to 40,000 shares of the Company's common stock.  The stock repurchase plan is effective December 1, 2017.

In connection with, and as part of, the stock repurchase plan, the Company's Board of Directors also adopted a pre-arranged stock trading plan for the purpose of repurchasing shares of the Company's common stock in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934.  Repurchases under the Company's 10b5-1 plan will be administered through an independent broker.  The plan will cover the repurchase of shares for the duration of the stock purchase plan.  Repurchases are subject to SEC requirements as well as certain price, market volume and timing constraints specified in the plan.

The news release announcing the authorization of the stock repurchase plan through a 10b5-1 plan is attached as Exhibit 99.1 and incorporated by reference herein.


Item 9.01  Financial Statements and Exhibits.

(d)
Exhibits.

The following exhibit is being furnished herewith and this list shall constitute the exhibit index:

99.1
Press release of Anchor Bancorp dated November 17, 2017
 
 
 

 
2
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.
 
 
ANCHOR BANCORP
 
 
 
 
Date: November 20, 2017
By:  /s/ Jerald L. Shaw                                        
 
        Jerald L. Shaw
        President and Chief Executive Officer
              
 
 
 
 
 
 
 
 
 
 
 
 
 
3