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BCBP > SEC Filings for BCBP > Form 8-K on 19-Jul-2013All Recent SEC Filings

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Form 8-K for BCB BANCORP INC


19-Jul-2013

Other Events


Item 8.01 Other Events.

On July 17, 2013, the Board of Directors of BCB Bancorp, Inc. (the "Company") authorized a stock repurchase program pursuant to which the Company intends to repurchase, in the open market and in privately negotiated transactions, up to 400,000 shares of the Company's outstanding public shares of common stock. The timing of the repurchases will depend on certain factors, including but not limited to, market conditions and prices, the Company's liquidity requirements and alternative uses of capital. The Company may also repurchase such shares pursuant to a 10b5-1 Plan. Any repurchased shares will be held as treasury stock and will be available for general corporate purposes.

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