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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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SECURITES 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) December 17, 2001 S&T Bancorp, Inc. (Exact Name of Registrant as Specified in its Charter) Pennsylvania 0-12508 25-1434426
______________________________________________________________________
____________________
(State or Other Jurisdiction of Incorporation)
____________________
(Commission File Number)
____________________
(IRS Employer Identification No.)
43 South Ninth Street, Indiana, PA |
15701 |
Registrant's telephone number, including area code |
(800) 325-2265 |
Item 5 - Other Events
S&T Bancorp announced that its Board of Directors approved a four percent increase in its quarterly cash dividend at yesterday's Board meeting. The Board declared a $0.24 per share cash dividend payable on January 25, 2002 to shareholders of record on December 31, 2001. The previous quarterly dividend rate had been $0.23 per share. The Board of Directors also approved a share repurchase authorization of up to 1,000,000 shares or four percent of shares outstanding through year-end 2002.
Item 7 - Financial Statements, Proforma Financial Information and Exhibits
(c) Exhibits
(99) Press Release
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed by the undersigned thereunto duly authorized.
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S&T Bancorp, Inc. |
Contact: James C. Miller
724-465-1487
TO BE RELEASED:
9:00 a.m., Tuesday, December 18, 2001
S&T Bancorp Increases Quarterly Cash Dividend and Approves Repurchase Authorization
Indiana, Pennsylvania (Nasdaq NMS:STBA) - S&T Bancorp announced that its Board of Directors approved a four percent increase in its quarterly cash dividend at yesterday's Board meeting. The Board declared a $0.24 per share cash dividend payable on January 25, 2002 to shareholders of record on December 31, 2001. The previous quarterly dividend rate had been $0.23 per share. The Board of Directors also approved a share repurchase authorization of up to 1,000,000 shares or four percent of shares outstanding through year-end 2002.
Headquartered in Indiana, PA, S&T Bank, the principal subsidiary of S&T Bancorp, Inc., operates 40 offices within Allegheny, Armstrong, Clarion, Clearfield, Indiana, Jefferson and Westmoreland Counties. With assets of $2.4 billion, S&T Bancorp stock trades on the Nasdaq National Market System under the symbol STBA.
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