SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 20, 2021
WESTERN NEW ENGLAND BANCORP, INC.
(Exact name of registrant as specified in its charter)
|(State or other jurisdiction of|
|141 Elm Street|
|(Address of principal executive offices)|
Registrant's telephone number, including area code: (413) 568-1911
(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:
☐ 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))
Securities registered pursuant to Section 12(b) of the Act:
|Title of each class||Trading Symbol||Name of each exchange on which registered|
|Common Stock, $0.01 par value per share||WNEB||NASDAQ|
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 May 25, 2021, Western New England Bancorp, Inc. (the “Company”), the holding company for Westfield Bank, announced the completion of the Company’s stock repurchase program on May 20, 2021, previously announced on October 27, 2020 (the “2020 Plan”). The 2020 Plan authorized the Company to repurchase a total of 1,300,000 shares, or approximately 5% of the Company’s outstanding shares.
|Item 9.01.||Financial Statements and Exhibits.|
(a) Not applicable.
(b) Not applicable.
(c) Not applicable.
The exhibits required by this item are set forth on the Exhibit Index attached hereto.
|99.1||Press Release, dated May 25, 2021|
|104||Cover Page Interactive Data File (embedded within the Inline XBRL document)|
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.
|WESTERN NEW ENGLAND BANCORP, INC.|
|Date: May 25, 2021||By:||/s/ Guida R. Sajdak|
|Guida R. Sajdak|
|Chief Financial Officer|