SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Item 8.01. Other Events.
On February 24, 2021, the Board of Directors of National Bank Holdings Corporation (the “Company”) authorized a new program to repurchase up to $75.0 million of the Company’s common stock from time to time either in the open market or in privately negotiated transactions in accordance with applicable regulations of the Securities and Exchange Commission. The Company has repurchased $6.9 million of its previously authorized $50.0 million stock repurchase program announced in February 2020. The new program of $75.0 million replaces this previously authorized program in its entirety.
As of the close of business on February 22, 2021 the Company had outstanding 30,642,692 shares of Class A Common Stock, excluding 165,940 shares of restricted Class A common stock issued but not yet vested. Since early 2013, the Company has repurchased 27.4 million shares, or 53% of shares issued, at a weighted average price of $20.21 per share.
The press release issued by the Company is included as Exhibit 99.1 to this Current Report on Form 8-K and incorporated into this Item 8.01 by reference.
Item 9.01. Financial Statements and Exhibits.
Description of Exhibit
Cover Page Interactive Data File (embedded within the Inline XBRL document)
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.
National Bank Holdings Corporation
/s/ Angela N. Petrucci
Name: Angela N. Petrucci
Title: Chief Administrative Officer and General Counsel
Date: February 24, 2021