Attached files
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| EX-99.1 - EXHIBIT 99.1 - Colonial Financial Services, Inc. | ex99-1.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): February 16, 2012
COLONIAL FINANCIAL SERVICES, INC.
(Exact name of Registrant as specified in its charter)
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Maryland
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001-34817
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90-0183739
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(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(I.R.S. Employer
Identification No.)
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2745 S. Delsea Drive, Vineland, New Jersey
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08360
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(Address of principal executive offices)
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(Zip Code)
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(856) 205-0058
Registrant's telephone number, including area code
Not Applicable
(Former Name or former address, if changed since last report)
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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:
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o
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 8.01
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Other Events
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On February 16, 2012, the Board of Directors of Colonial Financial Services, Inc. (the “Company”) adopted a second stock repurchase program. Under the repurchase program, the Company may repurchase up to 198,951 shares of its common stock, or approximately 5% of the current outstanding shares.
The repurchase program permits shares to be repurchased in open market or private transactions, through block trades, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission. The repurchase program may be suspended, terminated or modified at any time for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other factors deemed appropriate.
A copy of the press release announcing this item is attached as Exhibit 99.1 to this report.
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Item 9.01
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Financial Statements and Exhibits
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| (d) | Exhibits | ||
| Exhibit No. | Description | ||
| 99.1 | Press release dated February 17, 2012 |
SIGNATURES
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.
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COLONIAL FINANCIAL SERVICES, INC.
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Date: February 17, 2012
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By:
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/s/ Edward J. Geletka
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Edward J. Geletka
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President and Chief Executive Officer
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