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EX-99.1 - EX-99.1 - Randolph Bancorp, Inc.d595262dex991.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): September 5, 2018

 

 

Randolph Bancorp, Inc.

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Massachusetts   001-37780   81-1844402

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification Number

10 Cabot Place, Stoughton, Massachusetts 02072

(Address of principal executive offices)

(781) 963-2100

(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 September 5, 2018, Randolph Bancorp, Inc. (the “Company”) announced that its Board of Directors has extended its share repurchase program, which was scheduled to expire on September 14, 2018, to September 14, 2019. Under the share repurchase program, the Company may repurchase up to 586,854 shares, or approximately 10 percent of its current outstanding shares. There remain 539,254 shares, or approximately 9.0 percent of the Company’s current outstanding shares, approved for repurchase under the previously adopted program

A copy of the press release announcing the share repurchase program is attached as Exhibit 99.1 hereto.

 

Item 9.01

Financial Statements and Exhibits

 

  (d)

Exhibits

 

Number

  

Description

99.1    Press release dated September 5, 2018


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunder duly authorized.

 

Randolph Bancorp, Inc.
By:   /s/ James P. McDonough
  James P. McDonough
  President and Chief Executive Officer

Date: September 5, 2018