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EX-99.1 - PRESS RELEASE - QUAINT OAK BANCORP INCpr.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 12, 2018    

QUAINT OAK BANCORP, INC.
(Exact name of registrant as specified in its charter)

Pennsylvania          
000-52694
  35-2293957
(State or other jurisdiction of
incorporation)
(Commission File Number)
(IRS Employer
Identification No.)

501 Knowles Avenue, Southampton, Pennsylvania
 18966
(Address of principal executive offices)
  (Zip Code)

Registrant's telephone number, including area code
(215) 364-4059

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))
 
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 7.01          Regulation FD Disclosure

On December 13, 2018, Quaint Oak Bancorp, Inc. (the "Company") issued a press release announcing the adoption of the Company's fifth share repurchase program by the Board of Directors on December 12, 2018. The share repurchase program provides for the repurchase of up to 50,000 shares, or approximately 2.5% of the issued and outstanding shares of common stock of the Company. The shares may be purchased in the open market or in privately negotiated transactions from time to time depending upon market conditions and other factors. The repurchase program does not have an expiration date.

For additional information, reference is made to the Company's press release dated December 13, 2018, which is included as Exhibit 99.1 hereto and is incorporated herein by reference thereto.  The press release attached hereto is being furnished to the SEC and shall not be deemed to be "filed" for any purpose except as shall be expressly set forth by specific reference to such filing in other filings of the Company into which may be incorporated.

Item 9.01          Financial Statements and Exhibits

(a)          Not applicable.

(b)          Not applicable.

(c)          Not applicable.

(d)          Exhibits

 
Exhibit No.
 
Description
 
99.1
 
Press release dated December 13, 2018
 










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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 thereunto duly authorized.

  QUAINT OAK BANCORP, INC.
     
     
Date: December 13, 2018
By:
/s/ John J. Augustine
   
John J. Augustine
   
Executive Vice President and
  Chief Financial Officer













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EXHIBIT INDEX


 
Exhibit No.
 
Description