Item 8.01 Other Events
On January 28, 2021, the Board of Directors of HomeStreet, Inc. ("HomeStreet" or
the Company) approved a cash dividend of $0.25 per share, to be paid on February
24, 2021 to shareholders of record as of the close of business on February 9,
2021. In the same meeting, the Board of Directors also authorized an extension
to the Company's share repurchase program (the "Repurchase Program") pursuant to
which the Company may purchase up to an additional $25 million of its issued and
outstanding Common Stock, no par value, at prevailing market rates at the time
of such purchase. A press release announcing these two actions by the Board is
included as an exhibit to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
Exhibit 99.1 HomeStreet, Inc. Press Release dated January 29, 2021
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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.
Date: January 29, 2021
HomeStreet, Inc.
By: /s/ John M. Michel
John M. Michel
Executive Vice President and Chief Financial Officer
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