Bar Harbor Bankshares shareholders approve increase in authorized shares from 20M to 30M

BAR HARBOR BANKSHARES

Shareholders voted 12,277,029 for, 308,488 against, 142,659 abstain to amend Articles to increase authorized common shares from 20M to 30M.
Amendment became effective upon filing with Maine Secretary of State on May 19, 2025.
All 10 director nominees elected; say-on-pay passed with 10,076,542 for; Crowe LLP ratified as auditor for 2025.
No immediate issuance plan disclosed; shares available for potential future corporate actions.
Annual meeting held May 15, 2025; 83.1% of voting power represented.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

BAR HARBOR BANKSHARES: Increased authorized shares of common stock from 20,000,000 to 30,000,000 (effective 2025-05-19).

Change: charter amendment
Effective: 2025-05-19

Exact text from the filing

The Company’s Articles of Incorporation, as amended, to increase the authorized shares of common stock of the Company from 20,000,000 to 30,000,000 shares (the “Amendment”). The Amendment became effective upon the filing of Articles of Amendment with the Secretary of State of the State of Maine on May 19, 2025.

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Source: SEC EDGAR

accession 0001558370-25-008022

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