8-K

                                  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): June 27, 2006



                           CAMDEN NATIONAL CORPORATION
               (Exact name of Registrant as specified in charter)




            MAINE                         01-28190               01-0413282
(State or other jurisdiction            (Commission            (IRS employer
      of incorporation)                 File Number)         Identification No.)




                Two Elm Street, Camden, Maine                       04843
         (Address of principal executive offices)                 (Zip Code)


                                 (207) 236-8821
              (Registrant's telephone number, including area code)


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 7.01 - Regulation FD Disclosure

Camden National Corporation announces the extension of its common stock
repurchase program.


Item 9.01 - Financial Statements and Exhibits


        (c) Exhibits.

            99.1          Press release announcing common stock repurchase
                          program renewal






                                   SIGNATURES

          Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the Company has duly caused this report to be filed on its behalf by
the undersigned thereunto duly authorized.

        CAMDEN NATIONAL CORPORATION



             By:   /s/ Sean G. Daly                          Date: June 27, 2006
                   -------------------------------------
                   Sean G. Daly
                   Chief Financial Officer and Principal
                   Financial & Accounting Officer

EX-99.1

                                                                    Exhibit 99.1

          Camden National Corporation Extends Stock Repurchase Program

     CAMDEN, Maine--(BUSINESS WIRE)--June 27, 2006--Robert W. Daigle, President
and Chief Executive Officer of Camden National Corporation (AMEX: CAC; or the
"Company"), announced today that the Board of Directors of the Company has
renewed the Company's Common Stock Repurchase Program for an additional one-year
term. The renewal will allow for the repurchase of 750,000 shares of the
Company's outstanding common stock over the next year.
     The 2006 Common Stock Repurchase Program will expire on July 1, 2007. The
authority granted under the 2006 Common Stock Repurchase Program may be
exercised from time to time and in such amounts as market conditions warrant.
Any purchases are intended to make appropriate adjustments to the Company's
capital structure, including meeting share requirements related to employee
benefit plans and for general corporate purposes. Daigle explained, "The renewal
of the Repurchase Program allows the buyback of common shares at times when the
market may not value our stock appropriately."
     Since the inception of the Company's stock repurchase program in 2001, the
Company has repurchased 745,631 shares at an average price of $28.53. In
addition, on May 9, 2006, the Company concluded a modified "Dutch Auction"
tender offer whereby it repurchased an aggregate 880,827 shares of its common
stock at a purchase price of $39.00 per share.

     Camden National Corporation, headquartered in Camden, Maine, and listed on
the American Stock Exchange, the Russell 3000(R) Index and the small-cap Russell
2000(R) Index under the symbol CAC, is the holding company for a family of three
financial services companies, including: Camden National Bank (CNB), a
full-service community bank with 12 banking offices serving Midcoast, Kennebunk
and Portland, Maine, and online at www.camdennational.com, and recipient of the
Governor's Award for Business Excellence in 2002; UnitedKingfield Bank (UKB), a
full-service community bank with 15 offices serving Central, Eastern and Western
Maine and online at www.unitedkingfield.com; and Acadia Trust, N.A., offering
investment management and fiduciary services with offices in Portland and
Bangor, Maine and online at www.acadiatrust.com. In addition, Acadia Financial
Consultants operates as a division of CNB and UKB, to offer full-service
brokerage services.
     This press release and the documents incorporated by reference herein
contain certain statements that may be considered forward-looking statements
under the Private Securities Litigation Reform Act of 1995. Forward-looking
statements can be identified by the use of the words "believe," "expect,"
"anticipate," "intend," "estimate," "assume," "will," "should," and other
expressions which predict or indicate future events or trends and which do not
relate to historical matters. Forward-looking statements should not be relied
on, because they involve known and unknown risks, uncertainties and other
factors, some of which are beyond the control of the Company. These risks,
uncertainties and other factors may cause the actual results, performance or
achievements of the Company to be materially different from the anticipated
future results, performance or achievements expressed or implied by the
forward-looking statements.
     Some of the factors that might cause these differences include the
following: changes in general, national or regional economic conditions; changes
in loan default and charge-off rates; reductions in deposit levels necessitating
increased borrowing to fund loans and investments; changes in interest rates;
changes in laws and regulations; changes in the size and nature of the Company's
competition; and changes in the assumptions used in making such forward-looking
statements. Other factors could also cause these differences. For more
information about these factors please see our Annual Report on Form 10K on file
with the SEC. All of these factors should be carefully reviewed, and readers
should not place undue reliance on these forward-looking statements.
     These forward-looking statements were based on information, plans and
estimates at the date of this press release, and the Company does not promise to
update any forward-looking statements to reflect changes in underlying
assumptions or factors, new information, future events or other changes.


     CONTACT: Camden National Corporation
              Suzanne Brightbill, 207-230-2120
              Public Relations Officer
              sbrightbill@camdennational.com