Item 8.01. Other Events.
On
The Company suspended its prior share repurchase program in
Under the share repurchase program, shares may be repurchased from time to time in the open market or through negotiated transactions at prevailing market rates, or by other means in accordance with federal securities laws. At the appropriate time, it is anticipated that the Company will enter into a Rule 10b5-1 trading plan in connection with the share repurchase program. The trading plan allows the Company to repurchase shares of its common stock at times when it otherwise might be prevented from doing so under insider trading laws by requiring that an agent selected by the Company repurchase shares of common stock on the Company's behalf.
A copy of the
Item 9.01. Financial Statements and Exhibits. (a) Not applicable (b) Not applicable (c) Not applicable (d) Exhibit. The following exhibit is being furnished herewith: 99.1 Press Release byFirst Business Financial Services, Inc. datedJanuary 28, 2021
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Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
January 28, 2021 FIRST BUSINESS FINANCIAL SERVICES, INC. By: /s/Edward G. Sloane , Jr.Name :Edward G. Sloane , Jr. Title: Chief Financial Officer
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