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): August 28, 2019
Randolph Bancorp, Inc.
(Exact Name of Registrant as Specified in its Charter)
Massachusetts | 001-37780 | 81-1844402 | ||
(State or other jurisdiction | (Commission | (IRS Employer | ||
of incorporation) | File Number) | 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 Form8-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 Rule14a-12 under the Exchange Act (17 CFR240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule14d-2(b) under the Exchange Act (17 CFR240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule13e-4(c) under the Exchange Act (17 CFR240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class | Trading Symbol(s) | Name of each exchange on which registered | ||
Common Stock, par value $.01 per share | RNDB | The NASDAQ Stock Market LLC |
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 Rule12b-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 August 28, 2019, 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, 2019, to September 14, 2020. Under the share repurchase program, the Company may repurchase up to 586,854 shares, or approximately 10 per cent, of its current outstanding shares. There remain 279,954 shares, or approximately 4.9 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 August 28, 2019 |
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: August 28, 2019