-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, X7rhnKQl+rkBZJR9lZ4gO5bAmlIQ6EZUqQLCk1hN+DYqpjPA/QFXgSEmjHYKnvlI 69T8+fhfD/crGxPElekhRw== 0000105982-95-000054.txt : 19950502 0000105982-95-000054.hdr.sgml : 19950502 ACCESSION NUMBER: 0000105982-95-000054 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19950501 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19950501 SROS: NYSE SROS: PSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST INTERSTATE BANCORP /DE/ CENTRAL INDEX KEY: 0000105982 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 951418530 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04114 FILM NUMBER: 95533332 BUSINESS ADDRESS: STREET 1: 633 W FIFTH ST-T8-19 STREET 2: PO BOX 54068 CITY: LOS ANGELES STATE: CA ZIP: 90054 BUSINESS PHONE: 2136143001 FORMER COMPANY: FORMER CONFORMED NAME: WESTERN BANCORPORATION DATE OF NAME CHANGE: 19911124 8-K 1 FORM 8-K 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 May 1, 1995 (Date of earliest event reported) FIRST INTERSTATE BANCORP (Exact name of registrant as specified in charter) Delaware (State or other jurisdiction of incorporation) 95-1418530 1-4114 (I.R.S. Employer (Commission File Number) Identification Number) 633 West Fifth Street 90054 P.O. Box 54068 (Zip Code) Los Angeles, California (Address of principal executive offices) (213) 614-3001 (Registrant's telephone number, including area code) 2 ITEM 1. CHANGES IN CONTROL OF REGISTRANT. Not applicable. ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS. Not applicable. ITEM 3. BANKRUPTCY OR RECEIVERSHIP. Not applicable. ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT. Not applicable. ITEM 5. OTHER EVENTS. On May 1, 1995, the Registrant issued a press release announcing a repurchase program for up to 7,600,000 shares of Registrant's Common Stock. A copy of the press release is attached as a part of Exhibit 99 to this Form 8-K. ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS. Not applicable. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (a) Financial statements of businesses acquired. None. (b) Pro forma financial information. None. 3 (c) Exhibits. (99) Additional exhibits Press release dated May 1, 1995, announcing a repurchase program for up to 7,600,000 shares of the Registrant's Common Stock. ITEM 8. CHANGE IN FISCAL YEAR. Not applicable. 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. FIRST INTERSTATE BANCORP (Registrant) By Ann M. Coons _______________________ Ann M. Coons Senior Vice President Dated: May 1, 1995 4 INDEX TO EXHIBITS Sequentially Exhibit Numbered Number Pages (99) Additional exhibits Press release dated May 1, 1995, 5 announcing a repurchase program for up to 7,600,000 shares of the Registrant's Common Stock. EX-99 2 PRESS RELEASE 5 N E W S FOR IMMEDIATE RELEASE - --------------------- CONTACT: Shirley Hosoi Office: (213) 614-3043 Ken Preston Office: (213) 614-3656 Pager: (800) 976-3291 FIRST INTERSTATE BANCORP BOARD AUTHORIZES SHARE REPURCHASES LOS ANGELES, May 1, 1995 -- First Interstate Bancorp (NYSE: I) today reported that its Board of Directors has authorized the repurchase of up to 7.6 million shares of the Company's issued and outstanding common stock, representing approximately 10 percent of the total number of outstanding shares as of April 28, 1995. The first 2.5 million shares purchased under the program will be used for reissuance through the Company's various employee benefit and stock option plans, and Stock Purchase and Dividend Reinvestment Plan. The Company said the purchases would be made from time to time over the next two years in the open market or through privately negotiated transactions. The timing and extent of the purchases will depend on market conditions, and will be subject to customary regulatory and accounting requirements. Commenting on the Board action, First Interstate Chairman and Chief Executive Officer William E. B. Siart said: "Judicious capital management is a critical underpinning of this company's commitment to maximize shareholder value. We have said repeatedly that if we generate capital in excess of our needs, we would use that capital to make value-added acquisitions, if available, or repurchase our stock, or increase our dividend. This action is consistent with that stated strategy, and reflects our view that First Interstate shares represent good value." First Interstate Bancorp is the 14th largest commercial banking company in the United States and the largest based in Southern California. Its 1,167 offices in 13 western states serve individuals, small businesses, middle market companies and selected large corporations and financial institutions. First Interstate provides quality financial products and services marketed at the local level to nearly five million households in over 500 western U.S. communities. ### -----END PRIVACY-ENHANCED MESSAGE-----