-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QVhojQNePctLVxfwuTKoOmWzH6Put89Ifk87GQE8T4iApIps51YktuCK5cFZX/Vq dqRgcWD/xFOmVqvVrdiq0w== 0000737468-96-000008.txt : 19960626 0000737468-96-000008.hdr.sgml : 19960626 ACCESSION NUMBER: 0000737468-96-000008 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19960624 ITEM INFORMATION: Other events FILED AS OF DATE: 19960625 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: WASHINGTON TRUST BANCORP INC CENTRAL INDEX KEY: 0000737468 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 050404671 STATE OF INCORPORATION: RI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-13091 FILM NUMBER: 96585130 BUSINESS ADDRESS: STREET 1: 23 BROAD ST CITY: WESTERLY STATE: RI ZIP: 02891 BUSINESS PHONE: 4013481200 8-K 1 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) June 24, 1996 - --------------------------------------------------------------------- WASHINGTON TRUST BANCORP, INC. - --------------------------------------------------------------------- (Exact name of registrant as specified in its charter) RHODE ISLAND 0-13091 05-0404671 - ---------------------------------------------------------------------- (State or other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) File Number) identification No.) 23 BROAD STREET, WESTERLY, RHODE ISLAND 02891 - --------------------------------------- ---------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (401) 348-1200 ---------------- N/A - --------------------------------------------------------------------- Former name, former address and former fiscal year, if changed since last report Page 1 of 3 Pages WASHINGTON TRUST BANCORP, INC. FORM 8-K Item 5. Other Events ------------ On June 24, 1996, the Registrant announced that its Board of Directors approved a program to repurchase up to 58,000 shares of its common stock, or approximately 2% of its outstanding shares, from time to time in the open market or in private transactions, based upon market conditions. For further information, reference is made to the Registrant's press release dated June 24, 1996 attached hereto as Exhibit 99, and which is incorporated herein by reference. Item 7. Financial Statements and Other Exhibits --------------------------------------- Exhibit No. Description Page ----------- ----------- ---- Exhibit 99 Washington Trust Bancorp, Inc. 3 Press Release Dated June 24, 1996 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. WASHINGTON TRUST BANCORP, INC. ----------------------------- (Registrant) June 24, 1996 By: David V. Devault ----------------------------- David V. Devault Vice President and Chief Financial Officer (principal financial officer) -2- EX-99 2 Exhibit 99 News Release Contact: Joseph J. Kirby Chairman and Chief Executive Officer John C. Warren President and Chief Operating Officer Telephone: (401) 348-1200 Date: June 24, 1996 Release: IMMEDIATE Washington Trust Bancorp, Inc. Announces Stock Repurchase Plan Westerly, Rhode Island... Washington Trust Bancorp, Inc. (NASDAQ National Market; Symbol: WASH), parent of The Washington Trust Company, today announced that its Board of Directors has approved a program to repurchase up to 58,000 shares of its common stock, or approximately 2% of its outstanding shares. Shares will be repurchased form time to time in the open market or in private transactions, based upon market conditions. There is no guarantee as to the exact number of shares to be repurchased. The Corporation's plan is to hold the repurchased shares as treasury stock to be used for general corporate purposes. "We view this as a means for enhancing shareholder value," stated John C. Warren the President of Washington Trust. Joseph J. Kirby, Chairman and Chief Executive Officer, added, "Our strong capital position affords us an excellent opportunity to repurchase our stock. Additional repurchases in the future may be considered based upon our earnings and capital position." Washington Trust Bancorp, Inc. is the parent of The Washington Trust Company which operates six branch locations in southern Rhode Island and plans to open its seventh full service branch office in North Kingstown, Rhode Island later this year. The Bank also has a full service Trust and Investment Department serving the region and recently opened a loan production office through a subsidiary, The Washington Financial Company, in Mystic, Connecticut. ### (logo here) Washington Trust Bancorp, Inc. 23 Broad Street * Westerly, Rhode Island * Telephone 401-348-1200 * FAX 401-348-1386 -3- -----END PRIVACY-ENHANCED MESSAGE-----