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MIDWESTONE FINANCIAL GROUP, INC. FILES (8-K) Disclosing Other Events, Financial Statements and Exhibits

July 18, 2014

Item 8.01. Other Events.

On July 17, 2014, the Board of Directors of the MidWestOne Financial Group, Inc. (the "Company") declared a cash dividend of $0.145 per share payable on September 15, 2014 to shareholders of record as of the close of business on September 1, 2014. Also on July 17, 2014, the Board of Directors of the Company approved a new share repurchase program, allowing for the repurchase of up to $5.0 million of stock through December 31, 2016. The new repurchase program replaces the Company's prior repurchase program, pursuant to which the Company had bought 154,279 shares for approximately $3.7 million since the plan was announced in January 2013. The prior program had authorized the repurchase of $5.0 million of stock and was due to expire December 31, 2014. A press release announcing the Company's dividend and new stock repurchase program is attached as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits. Exhibit No. Description 99.1 Press Release of MidWestOne Financial Group, Inc., dated July 18, 2014.


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Source: Edgar Glimpses

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