Item 8.01 Other Events.
CAMBRIDGE, MA. (March 15, 2021) - Cambridge Bancorp (NASDAQ: CATC) (the
"Company"), the parent of Cambridge Trust Company, today announced that the
Company's 2021 annual meeting of shareholders will be held on May 17, 2021 at
8:30 A.M. The annual meeting will be held virtually. At the meeting, only
shareholders as of the close of business on March 15, 2021, the record date, are
entitled to vote at the Annual Meeting and at any adjournments
thereof. Additionally, on March 15, 2021, the Company's board of directors
authorized a stock repurchase program to acquire up to 5.0% shares of the
Company's common stock through March 15, 2022. The timing and amount of any
shares of the Company's common stock repurchased will be determined by the
Company's management based on its evaluation of market conditions and other
factors. The stock repurchase program may be suspended or discontinued at any
time.
A copy of the press release is furnished as Exhibit 99.1 and is incorporated
herein by reference.
Item 9.01.Financial Statements and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Not applicable.
(d) Exhibits.
The exhibits required by this item are set forth on the Exhibit Index
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