Beach First National Bancshares 8-K 2007
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K/Amendment No. 1
Date of report (Date of earliest event reported) December 21, 2007
Beach First National Bancshares, Inc.
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation)
(Former name or former address, if changed since last report)
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
General Instruction A.2. below):
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
On December 21, 2007, Beach First National
Bancshares, Inc. filed a Form 8-K to announce the repurchase of
up to $2
million of its common stock by the company. We are filing this Form 8-K/A in
order to correct a scrivener's error under Item 8.01 below.
No other changes have been made to the original Form 8-K or to the press release attached as Exhibit 99.1, as previously filed.
ITEM 8.01 OTHER
On December 21, 2007, Beach First National Bancshares, Inc., the holding company for Beach First National Bank, issued a press release to announce that its Board of Directors has approved a repurchase up to $2 million of its common stock, representing approximately 2.5% of the shares outstanding.
The timing, price and quantity of purchases under
the plan will be at the discretion of management for up to one year and the
plan may be discontinued, suspended or restarted at any time. Beach First's
management believes the repurchase plan, depending upon market and business
conditions, will provide capital management opportunities and build value for
Beach First's shareholders.
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