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 12, 2023
TERRITORIAL BANCORP INC.
(Exact Name of Registrant as Specified in its Charter)
| Maryland | 1-34403 | 26-4674701 |
(State or Other Jurisdiction
of Incorporation) | (Commission File No.) | (I.R.S. Employer Identification No.) |
| 1003 Bishop St., Suite 500, Honolulu, Hawaii | | 96813 |
| (Address of Principal Executive Offices) | | (Zip Code) |
Registrant’s telephone number, including area code: (808) 946-1400
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K 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. ¨
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, par value $0.01 per share | | TBNK | | The NASDAQ Stock Market LLC |
On September 12, 2023, Territorial Bancorp Inc. announced the completion of its twelfth stock repurchase program. Under this share repurchase program, the Company was authorized to repurchase up to $5,000,000 of its outstanding shares. A copy of the press release announcing the declaration is attached as Exhibit 99 to this report.
The press release attached as an exhibit to this Current Report pursuant to this Item 8.01 is being furnished to, and not filed with, the Securities and Exchange Commission.
| Item 9.01 | Financial Statements and Exhibits |
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.
| | Territorial Bancorp Inc. |
| | |
| DATE: September 12, 2023 | By: | /s/ Vernon Hirata |
| | Vernon Hirata |
| | Vice Chairman, Co-Chief Operating Officer and Secretary |
