Bank of Marin Bancorp
For the period ended Mar 31, 2025. Filed May 12, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 12, 2025
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Unregistered Sales of Equity Securities and Use of Proceeds
There were no unregistered sales of equity securities during the period covered by this report.
Issuer Purchases of Equity Securities
On July 21, 2023, the Board of Directors approved the adoption of Bancorp's share repurchase program for up to $25.0 million and expiring on July 31, 2025. The only activity under the program was in the third quarter of 2024. Cumulative shares repurchased under the current program total 220,000 shares at an average price of $19.21 per share, with $20.7 million remaining available as of March 31, 2025. The Bank opted not to repurchase shares in the first quarter of 2025 nor the fourth quarter of 2024.
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