UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934
Date of Report: April 15, 2009
(Date of earliest event reported)
Umpqua Holdings Corporation
(Exact Name of Registrant as Specified in Its Charter)
| OREGON (State or Other Jurisdiction of Incorporation or Organization) |
000-25597 (Commission File Number) |
93-1261319 (I.R.S. Employer Identification Number) |
One SW Columbia, Suite 1200
Portland, Oregon 97258
(address of Principal Executive Offices) (Zip Code)
(503)
727-4100
(Registrant's Telephone Number, Including Area Code)
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:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Information
On April 15, 2009, the Board of Directors of Umpqua Holdings Corporation approved the extension of the Company’s share repurchase program, which was set to expire June 30, 2009. The number of shares available for purchase under the program remains unchanged at 1,542,945. The Company’s share repurchase plan, which was originally announced in August 2003, was set to expire June 30, 2009. The timing and amount of future stock repurchases under the plan depend upon the market price for the Company’s common stock, securities laws restricting repurchases, asset growth, earnings, the Company’s capital plan and limitations resulting from the Company’s participation in the TARP Capital Purchase Program.
Item 9.01 Financial Statements and Exhibits.
| (a) |
Not applicable. | |
| (b) |
Not applicable. | |
| (c) |
Not applicable. | |
| (d) |
Exhibits. | |
| None |
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 hereunto duly authorized.
| UMPQUA HOLDINGS CORPORATION (Registrant) | ||
| Dated: | April 21, 2009 | By: /s/ Steven L. Philpott |
| Steven L. Philpott | ||
| Executive Vice President / General Counsel | ||