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

Show all filings for CAPE BANCORP, INC.

Form 8-K for CAPE BANCORP, INC.


19-Jul-2013

Other Events, Financial Statements and Exhibits


Item 8.01. Other Events.

On July 19, 2013, Cape Bancorp, Inc. (the "Company") announced that its Board of Directors has authorized a second stock repurchase program for the repurchase of up to 5%, or approximately 633,877 shares, of the Company's issued and outstanding common stock from its shareholders. The Company's first stock repurchase program was completed on July 16, 2013.

The common stock will be repurchased on an ongoing basis and will be subject to the availability of common stock, general market conditions, the trading price of the common stock, alternative uses for capital and the Company's financial performance. The stock repurchase program may be carried out through open-market purchases, block trades, negotiated private transactions and pursuant to a trading plan that will be adopted in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934.

The full text of the press release is attached as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.



Item 9.01. Financial Statements and Exhibits

(a) Financial statements of businesses acquired. Not Applicable.
(b) Pro forma financial information. Not Applicable.
(c) Shell company transactions: Not Applicable.
(d) Exhibits.

Exhibit No. Description

99.1 Press Release, dated July 19, 2013


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