BANQUE DU GROUPE FINANCIER JAMES INC: Results of Operations and Financial Condition, Other Events, Financial Statements and Schedules (Form 8-K)

Item 2.02 – Results of Operations and Financial Condition

On Friday, July 22, 2022, Bank of James Financial Group, Inc. (the “Company”) issued a press release announcing the financial results for the quarter and the cumulative periods ended June 30, 2022 (the “Press Release”). A copy of the press release is attached hereto as Exhibit 99.1.

Article 8.01 – Other events

On July 19, 2022the Board of Directors of the Company declared a quarterly cash dividend of $0.07 per ordinary share. The dividend will be paid on or about September 16, 2022to shareholders of record at the close of business on September 2, 2022. The Company announced the declaration of the dividend in the press release, a copy of which is attached hereto as Exhibit 99.1.

On July 19, 2022the Board of Directors of the Company has approved a share buyback plan aimed at buying up to $500,000 ordinary shares of the Company, par value $2.14through July 18, 2023 (the “share buyback program”). Shares may be purchased under the share buyback program from time to time in open market transactions at prevailing market prices or in over-the-counter transactions, all in accordance with Rules 10b5-1 and 10b-18 of the Securities Exchange Act of 1934. A copy of the press release announcing the stock repurchase program is attached hereto as Exhibit 99.1.

Item 9.01 – Financial statements and supporting documents

(a) Financial statements of acquired businesses – not applicable

(b) Pro forma financial information – not applicable

(c) Transactions with shell companies – not applicable

(d) Exhibits

Exhibit No. Exhibit Description
99.1          Bank of the James Financial Group, Inc. Press Release dated July
            22, 2022
104         The cover page from this Current Report on Form 8-K, formatted in
            Inline XBRL



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