Current Report Filing (8-k)
October 29 2018 - 5:04AM
Edgar (US Regulatory)
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): October 26, 2018
CATHAY GENERAL BANCORP
(Exact name of registrant as specified
in its charter)
Delaware
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001-31830
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95-4274680
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(State or other jurisdiction
of incorporation)
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(Commission File Number)
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(IRS Employer
Identification No.)
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777 North Broadway, Los Angeles, California
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90012
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number,
including area code: (213) 625-4700
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:
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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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Indicate by check mark whether the Registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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.
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On October 26, 2018,
Cathay General Bancorp (the “Company”) issued a press release announcing that the Board of Directors of the Company
adopted an additional share repurchase program authorizing the Company to repurchase up to $45,000,000 of the Company’s common
stock, to commence upon the completion of its share repurchase program adopted on February 1, 2016. The $45,000,000 repurchase
program announced on February 1, 2016, was completed on October 24, 2018, with the repurchase of 1,580,904 shares at an average
cost of $28.50.
The share repurchases
may be made from time to time on the open market or in privately negotiated transactions. The timing, price and volume of the share
repurchases will be based on market conditions, relevant securities laws and other factors. Each 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. These factors may also affect the timing
and amount of share repurchases.
A copy of the press
release is attached hereto as an Exhibit 99.1 to this Current Report on Form 8−K and is incorporated herein by reference.
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Item 9.01
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Financial Statements and Exhibits.
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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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CATHAY GENERAL BANCORP
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Date: October 26, 2018
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By:
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/s/ Heng W. Chen
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Heng W. Chen
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Executive Vice President and
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Chief Financial Officer
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