8-K

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 EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): April 24, 2007

TRIPLE-S MANAGEMENT CORPORATION

(Exact Name of Registrant as Specified in Charter)

Puerto Rico	000-49762	66-0555678
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

Registrant’s telephone number, including area code: 787-749-4949

1441 F.D. Roosevelt Avenue, San Juan, Puerto Rico 00920
(Address of Principal Executive Offices and Zip Code)

Not Applicable
(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:

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 7.01 Regulation FD Disclosure.

     A copy of the press release referred to under Item 8.01 below is attached as Exhibit 99.1 to this Current Report on Form 8-K.

     The information furnished pursuant to this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, unless otherwise expressly stated in such filing.

Item 8.01 Other Events.

     On April 25, 2007, the Company issued a press release announcing that its Board of Directors had declared a 3,000 to one stock split on the Company’s common stock. The 3,000 to one stock split will be effected in the form of a stock dividend of 2,999 additional shares of common stock to be issued on May 1^st, 2007, for every share of common stock held of record as of April 24, 2007.

Item 9.01 Financial Statements and Exhibits

     (d) Exhibits.

     The following exhibits shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934, as amended.

     99.1 Press Release dated April 25, 2007.

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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.

	TRIPLE-S MANAGEMENT CORPORATION
Date: April 26, 2007	By:	/s/ Ramón M. Ruiz-Comas
	Name:	Ramón M. Ruiz-Comas
	Title:	President & Chief Executive Officer

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EX-99.1

Exhibit 99.1

Press Release

April 25, 2007

Triple-S Management Corporation (TSM) Announces Stock Split

The Board of Directors of Triple-S Management Corporation (TSM) approved a stock split of the company’s issued and outstanding common shares of 3,000 for one.

The Board approved the stock split in a meeting held April 24, 2007. This stock split will be done in the form of a stock dividend, payable on May 1, 2007 among the holders of record as of April 24, 2007.

“This determination will allow our shareholders to have a greater amount of shares to transfer or dispose of in accordance to their needs,” said Dr. Wilmer Rodríguez Silva, Chairman of the Board of Directors of TSM.

Currently, there are 8,913 TSM common shares issued and outstanding. The stock split will increase the number of common shares issued and outstanding, while also reducing the price per stock without affecting the value of all shares.

“This is another step that we take as part of the transformation of the company that we began in 2006,” said Ramon M. Ruiz, President and CEO of the TSM.

Triple-S Management Corporation is the holding company that comprises the entities that form part of the Triple-S Group that include the managed care company, Triple-S, Inc., an independent concessionaire of the Blue Cross Blue Shield Association; the life insurance company, Great American Life Assurance Company of Puerto Rico; the property and casualty company, Seguros Triple-S, Inc.; Triple-C, Inc., a third party administrator that manages the Health Reform Program for Triple-S, Inc. and other health services for other companies in Puerto Rico; the insurance agency Signature Insurance Agency; and the subsidiary Interactive Systems, Inc., a company that provides information technology services for all entities of the Triple-S Management Corporation.

This press release does not constitute an offer or the solicitation of an offer to buy securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

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