0001213900-13-004970.txt : 20130909 0001213900-13-004970.hdr.sgml : 20130909 20130909161624 ACCESSION NUMBER: 0001213900-13-004970 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130909 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130909 DATE AS OF CHANGE: 20130909 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: 131085837 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 f8k090913_brtrealty.htm CURRENT REPORT f8k090913_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 9, 2013
 
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)
 
516-466-3100
Registrant's telephone number, including area code
 
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 9, 2013, 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 9, 2013.
 
 
 
 
 
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 9, 2013 
By:
/s/ David W. Kalish
    David W. Kalish
    Senior Vice President and Chief Financial Officer
     
 
 
 
           
 EX-99.1 2 f8k090913ex99i_brtrealty.htm PRESS RELEASE f8k090913ex99i_brtrealty.htm
 
                                                  
          Exhibit 99.1

BRT REALTY TRUST ANNOUNCES
$2 MILLION SHARE REPURCHASE PROGRAM

Great Neck, New York – September 9, 2013 – BRT REALTY TRUST (NYSE:BRT), a real estate investment trust that originates and holds for investment senior mortgage loans secured by commercial and multi-family properties, participates as an equity investor in joint ventures which own and operate multi-family properties and owns and operates other real estate assets, 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 30, 2015.  As of September 9, 2013, BRT had approximately 14.2 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 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, 2012.

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