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): April 19, 2016
Mercantile Bank Corporation
(Exact name of registrant as specified in its charter)
Michigan |
| 000-26719 |
| 38-3360865 |
(State or other jurisdiction |
| (Commission File |
| (IRS Employer |
| of incorporation) | Number) | Identification Number) | ||
| 310 Leonard Street NW, Grand Rapids, Michigan | 49504 | |||
| (Address of principal executive offices) | (Zip Code) | |||
| Registrant's telephone number, including area code | 616-406-3000 | |||
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))
Item 8.01 Other Events.
On April 19, 2016, Mercantile Bank Corporation (the “Company”) issued a press release announcing a quarterly cash dividend of $0.16 per share. The quarterly cash dividend will be paid on June 22, 2016 to shareholders of record as of June 10, 2016.
The press release also announced an expansion of the Company’s current stock repurchase program. Under this expansion, an additional $15 million in repurchases of the Company’s common stock has been authorized. Repurchases may be made from time to time in open market transactions at prevailing market prices or by other means in accordance with applicable regulations of the Securities and Exchange Commission.
A copy of the press release issued is included as Exhibit 99.1 to this Current Report on Form 8-K and incorporated into this Item 8.01 by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number | Description |
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99.1 | Press release of Mercantile Bank Corporation Dated April 19, 2016, announcing second quarter dividend and expansion of stock repurchase program |
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.
| Mercantile Bank Corporation |
| |
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| By: | /s/ Charles E. Christmas |
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| Charles E. Christmas |
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| Executive Vice President, Chief | |||
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| Financial Officer and Treasurer |
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Date: April 19, 2016
Exhibit Index
Exhibit Number | Description |
|
|
99.1 | Press release of Mercantile Bank Corporation Dated April 19, 2016, announcing second quarter dividend and expansion of stock repurchase program |
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