8-K
SOUTHERN MISSOURI BANCORP, INC. (SMBC)
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) March 4, 2024
SOUTHERN MISSOURI BANCORP, INC.
(Exact name of registrant as specified in its charter)
| Missouri | 000-23406 | 43-1665523 |
|---|---|---|
| (State or other | (Commission File No.) | (IRS Employer |
| jurisdiction of incorporation) | Identification Number) |
| 2991 Oak Grove Road, Poplar Bluff, Missouri | 63901 |
|---|---|
| (Address of principal executive offices) | (Zip Code) |
Registrant's telephone number, including area code: (573) 778-1800
N/A
(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)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common Stock, par value $0.01 per share | SMBC | The NASDAQ Stock Market LLC |
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. ☐
Item 8.01.Other Events
On March 4, 2024, Southern Missouri Bancorp, Inc. (the “Company”), the parent corporation of Southern Bank, announced its intention to restart activity under its previously announced stock repurchase plan, after having had no activity since June 2022. The Company had previously announced, on May 20, 2021, its intention to repurchase up to an additional 445,000 shares of its common stock. Through March 4, 2024, the Company has repurchased 138,628 shares under that plan, and 306,375 remain available for purchase. The shares will be purchased at prevailing market prices in the open market or in privately negotiated transactions, subject to availability and general market conditions. Repurchased shares will be held as treasury shares to be used for general corporate purposes. As of March 1, 2024, the Company had approximately 11,370,532 shares outstanding.
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.
| SOUTHERN MISSOURI BANCORP, INC. | ||
|---|---|---|
| Date: March 4, 2024 | By: | /s/ Matthew T. Funke |
| Matthew T. Funke | ||
| President and Chief Administrative Officer |