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EX-99.1 - EXHIBIT 99.1 - NORTHEAST COMMUNITY BANCORP INCex99-1.htm

 
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)  May 20, 2011

NORTHEAST COMMUNITY BANCORP, INC.
(Exact Name of Registrant as Specified in Its Charter)

United States
0-51852
06-178-6701
(State or other jurisdiction of
(Commission
(IRS Employer
incorporation)
File Number)
Identification No.)
     
     
325 Hamilton Avenue, White Plains, New York
 
10601
(Address of principal executive offices)
 
(Zip Code)

(914) 684-2500
(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:

[  ]  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 8.01               Other Events

On May 20, 2011, NorthEast Community Bancorp, Inc. (the “Company”) announced that its Board of Directors had approved the repurchase for up to 282,685 shares of the Company’s outstanding common stock held by persons other than NorthEast Community Bancorp MHC.  These repurchases will be conducted solely through a Rule 10b5-1 repurchase plan with Sandler O’Neill & Partners, L.P.
 
 
The press release announcing the approval of the stock repurchase plan is attached to this Report as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01               Financial Statements and Exhibits

(d)           Exhibits

Number                       Description

   99.1                           Press Release dated May 20, 2011


 




 
 

 


SIGNATURE

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 thereunto duly authorized.

 
NORTHEAST COMMUNITY BANCORP, INC.
     
     
     
Date: May 20, 2011
By:
/s/ Kenneth A. Martinek
   
Kenneth A. Martinek
   
Chairman, President and
   
Chief Executive Officer