0001213900-11-005199.txt : 20110919 0001213900-11-005199.hdr.sgml : 20110919 20110919170110 ACCESSION NUMBER: 0001213900-11-005199 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110919 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110919 DATE AS OF CHANGE: 20110919 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BRT REALTY TRUST CENTRAL INDEX KEY: 0000014846 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 132755856 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07172 FILM NUMBER: 111097774 BUSINESS ADDRESS: STREET 1: 60 CUTTER MILL RD STREET 2: SUITE 303 CITY: GREAT NECK STATE: NY ZIP: 11021-3190 BUSINESS PHONE: 5164663100 FORMER COMPANY: FORMER CONFORMED NAME: BERG ENTERPRISES REALTY GROUP DATE OF NAME CHANGE: 19750724 8-K 1 f8k091911_brtrealty.htm FORM 8-K f8k091911_brtrealty.htm
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): September 19, 2011

BRT REALTY TRUST
(Exact name of Registrant as specified in charter)
                                                                                    
 
 
 Massachusetts    001-07172    13-2755856
 (State or other jurisdiction of incorporation)    (Commission file No.)    (IRS Employer I.D. No.)
 
 60 Cutter Mill Road, Suite 303, Great Neck, New York     11021
 (Address of principal executive offices)      (Zip code)
             
        Registrant's telephone number, including area code:     516-466-3100

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 (see General Instruction A.2. below):

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 8.01
Other Events.

On September 19, 2011, we issued a press release announcing the approval of a $2 million share repurchase program.  The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by this reference.
 
Item 9.01
Financial Statements and Exhibits.
 
(d)        Exhibits.

 
99.1
Press release dated September 19, 2011.
 
 
 
 
 

SIGNATURE


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.
 
  BRT REALTY TRUST
     
Date:     September 19, 2011
By:
/s/ David W. Kalish
    David W. Kalish
    Senior Vice President and Chief Financial Officer
     

      
 EX-99.1 2 f8k091911ex99i_brtrealty.htm PRESS RELEASE f8k091911ex99i_brtrealty.htm
Exhibit 99.1

BRT REALTY TRUST ANNOUNCES
$2 MILLION SHARE REPURCHASE PROGRAM

Great Neck, New York – September 19, 2011 – BRT REALTY TRUST (NYSE:BRT), a real estate investment trust engaged in the business of originating and holding for investment senior mortgage loans secured by commercial and multi-family real estate in the United States,  today announced that its Board of Trustees had approved a $2 million share repurchase program.  This program is intended to be implemented through purchases made from time to time in either the open market or through private transactions; the program is authorized through September, 2013. As of September 19, 2011, BRT had approximately 14.1 million shares outstanding.

Certain information contained herein is forward looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding lending activities and other positive business activities.  BRT intends such forward looking statements to be covered by the safe harbor provisions for forward looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions.  Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, are generally identifiable by use of the words “may,” “will,” “believe,” “expect,” “intend,” “anticipate,” “estimate,” “project,” or similar expressions or variations thereof.  Forward looking statements, including our loan origination activities, involve known and unknown risks, uncertainties and other factors, which, in some cases, are beyond BRT’s control and could materially affect actual results, performance or achievements.  Investors are cautioned not to place undue reliance on any forward-looking statements and to carefully review the section entitled “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended September 30, 2010.

Contact:  David W. Kalish – (516) 466-3100
BRT REALTY TRUST
60 Cutter Mill Road
Suite 303
Great Neck, New York 11021
Telephone (516) 466-3100
Telecopier (516) 466-3132
www.BRTRealty.com