Item 8.01 Other Events.

On January 3, 2023, Camden National Corporation (the "Company") announced that the board of directors has authorized the purchase of up to 750,000 shares of the Company's common stock, representing approximately 5.0% of the Company's issued and outstanding shares of common stock as of December 31, 2022. The new repurchase program replaces the prior authority, which expired upon the January 3, 2023 effective date of the new plan.

The timing and exact amount of common stock repurchased under the repurchase program will depend on various factors, including market conditions, the Company's capital position and internal capital generation. The repurchase program does not include specific price targets; may be executed through open market purchases, accelerated share repurchase transactions or privately negotiated transactions, including utilizing Rule 10b5-1 programs; and may be suspended at any time.




Item 9.01   Financial Statements and Exhibits.

(d) The following exhibits are filed with this Report:




Exhibit No.         Description
                    Cover Page Interactive Data - the cover page XBRL tags are embedded within
101                 the Inline XBRL document.
104                 Cover Page Interactive Data File - Included in Exhibit 101.

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