Current Report Filing (8-k)

Date : 07/17/2017 @ 10:36AM
Source : Edgar (US Regulatory)
Stock : Consumers Bancorp, Inc. (QB) (CBKM)
Quote : 20.45  0.0 (0.00%) @ 9:31AM
Consumers Bancorp, Inc. (QB) share price Chart

Current Report Filing (8-k)










Pursuant to Section 13 or 15(d) of

The Securities Exchange act 1934


July 12, 2017

(Date of report/date of earliest event reported)





(Exact name of registrant as specified in its charter)








(State or other jurisdiction 


(Commission File Number)


(I.R.S. Employer Identification No.)
of incorporation or organization)        



614 East Lincoln Way

P.O. Box 256

Minerva, Ohio 44657

(Address of principal executive offices)


(330) 868-7701

(Issuer’s telephone number)



(Former name of former address, if changes 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))


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.


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 July 12, 2017, Consumers Bancorp, Inc. Board of Directors approved a share repurchase program under which up to 75,000 shares of its common stock can be repurchased over the next twelve months. Repurchases can be made from time-to-time in the open market or through privately negotiated transactions depending on market and/or other conditions. The repurchase program may be modified, suspended or discontinued at any time.



The information contained in this press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may involve risks and uncertainties that are difficult to predict, may be beyond Consumers’ control and could cause actual results to differ materially from those described in such statements. Although Consumers believes that the expectations reflected in such forward-looking statements are reasonable, Consumers can give no assurance that such expectations will prove to be correct. The forward-looking statements included in this discussion speak only as of the date they are made, and, except as required by law, Consumers undertakes no obligation to update these forward-looking statements to reflect subsequent events or circumstances. Important factors that could cause actual results to differ materially from those suggested by these forward-looking statements and that could adversely affect Consumers’ performance include, but are not limited to: regional and national economic conditions, changes in levels of market interest rates, credit risks of lending activities and competitive and regulatory factors.









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.




Consumers Bancorp, Inc.





Date: July 17, 2017    

/s/ Ralph J. Lober, II                                     


Ralph J. Lober, II President and Chief


Executive Officer



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