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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): November 10, 2021

 

_______________________

 

BROOKLINE BANCORP, INC.

(Exact name of registrant as specified in its charter)

 

Delaware  0-23695  04-3402944
(State or other jurisdiction  (Commission File No.)  (I.R.S. employer
of incorporation)     Identification No.)

 

 

131 Clarendon Street, Boston, Massachusetts  02116
(Address of principal executive offices)  (Zip Code)

 

 

  (617) 425-4600  
  (Registrant's telephone number, including area code)  

 

 

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))

 

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 of $0.01 per share BRKL Nasdaq Global Select Market

 

Indicate by check mark if 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 8.01Other Events.

 

Brookline Bancorp, Inc. (the "Company") announced that its Board of Directors has adopted a stock repurchase program. Under the stock repurchase program, which received regulatory approval on November 10, 2021, the Company may repurchase up to $20 million of total outstanding shares of the Company’s common stock, commencing on November 15, 2021 and ending on December 31, 2022. The stock may be repurchased from time to time in open market or negotiated transactions at prevailing market prices in accordance with federal securities laws.

 

 

 

 

 

 

 

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.

 

   
Date:  November 15, 2021 Brookline Bancorp, Inc.
   
   
  By:   /S/ Carl M. Carlson  
    Carl M. Carlson
    Co-President, Chief Financial & Strategy Officer