0000906318-15-000064.txt : 20151102 0000906318-15-000064.hdr.sgml : 20151102 20151102161812 ACCESSION NUMBER: 0000906318-15-000064 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20151102 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20151102 DATE AS OF CHANGE: 20151102 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UNITED BANCSHARES INC/OH CENTRAL INDEX KEY: 0001087456 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 341516518 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-86453 FILM NUMBER: 151190838 BUSINESS ADDRESS: STREET 1: 100 SOUTH HIGH STREET CITY: COLUMBUS GROVE STATE: OH ZIP: 45830 BUSINESS PHONE: 419-659-2141 MAIL ADDRESS: STREET 1: 100 SOUTH HIGH STREET CITY: COLUMBUS GROVE STATE: OH ZIP: 45830 8-K 1 united8k110215.htm 8K Converted by EDGARwiz

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

___________________


FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

 Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 2, 2015

UNITED BANCSHARES, INC.

(Exact name of Registrant as specified in its Charter)









Ohio


000-29283


34-1516518

(State or other jurisdiction of

incorporation)

(Commission File No.)

(IRS Employer Identification Number)

100 S. High Street, Columbus Grove, Ohio

45830-1241

(Address of principal executive offices)

(Zip Code)

Registrants telephone number, including area code:

  

(419) 659-2141

N/A

(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):




o  

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o  

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o  

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o  

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






Item 8.01 Other Events.


On November 2, 2015, United Bancshares, Inc. (the Company) issued a press release

announcing that it has terminated the Rule 10b5-1 written repurchase plan that it entered into on May 28, 2015 with a broker for the purpose of repurchasing shares of its common stock under the Companys existing repurchase plan. A copy of the press release is attached as Exhibit 99.1 and incorporated herein by reference.


Item 9.01 Financial Statements and Exhibits.

(d) Exhibits








 

Exhibit No.

Description

 

 

 

 

 

99.1

 

Release date:  November 2, 2015

 

 

 



SIGNATURES

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 thereunto duly authorized.








 

 

 

 

 


United Bancshares, Inc.

 


Date:  November 2, 2015

 


By: /s/Brian D. Young

 

 

 

 

 

 

Brian D. Young

President & CEO, United Bancshares, Inc.






EX-99 2 unitedexh110215.htm EXHIBIT 99.1 Converted by EDGARwiz

Exhibit 99.1


On November 2, 2015, United Bancshares, Inc. issued the following release:


United Bancshares, Inc. Announces

Termination of Rule 10b5-1 Share Repurchase Plan



Columbus Grove, Ohio, November 2, 2015 United Bancshares, Inc. (NASDAQ: UBOH) announced today that on November 2, 2015, United Bancshares, Inc. (the Company) issued a press release announcing that it has terminated the Rule 10b5-1 written repurchase plan that it entered into on May 28, 2015 for the purpose of repurchasing shares of its common stock under the Companys existing repurchase plan.  Brian D. Young, President and CEO stated, Since the previously approved 10b5-1 purchase plan was not meeting the boards goals, the board believed it was appropriate to terminate it.  He added that Under the current conditions, we continue to believe that repurchasing Company shares is beneficial for our shareholders and an appropriate use of Company capital.

United Bancshares, Inc. is the holding company of The Union Bank Company, which serves Allen, Delaware, Hancock, Marion, Putnam, Sandusky, Van Wert and Wood Counties in Ohio, with office locations in Bowling Green, Columbus Grove, Delphos, Findlay, Gibsonburg, Kalida, Leipsic, Lewis Center, Lima, Marion, Ottawa, and Pemberville, Ohio.


Contacts:

Brian D. Young, President and CEO or

Anthony M.V. Eramo, CFO

United Bancshares, Inc.

100 South High Street

Columbus Grove, Ohio  45830

(419) 659-2141

Email: info@theubank.com