Item 8.01 Other Events.
On January 25, 2023, Berkshire Hills Bancorp, Inc. (the "Company"), the holding
company for Berkshire Bank, announced that its Board of Directors had approved a
stock repurchase program pursuant to which the Company may repurchase shares of
Company common stock at a total cost of up to $50 million through December 31,
2023. The Company may conduct the repurchases through open market purchases,
block trades, unsolicited negotiated transactions, pursuant to a trading plan
that may be adopted in accordance with Securities and Exchange Commission
("SEC") Rule 10b5-1, or in any other manner that complies with the provisions of
the Securities Exchange Act of 1934, as amended. A copy of the news release is
attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated
herein by reference.
Item 9.01 Financial Statements and Exhibits.
(a) Financial Statements of Businesses Acquired. Not applicable.
(b) Pro Forma Financial Information. Not applicable.
(c) Shell Company Transactions. Not applicable.
(d) Exhibits.
Exhibit No. Description
99.1 News Release dated January 25, 2023
104.1 Cover Page for this Current Report on Form 8-K,
formatted in Inline XBRL
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