-----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, LXTCK9wpkJZknReNSX/yvvO4cdSWQVFxdtChf81HaOwmGKUlud2+ckvehl1JRh0E 5TMfUtXIkT2tkXiq15NMAQ== 0000950152-07-007090.txt : 20070824 0000950152-07-007090.hdr.sgml : 20070824 20070824111513 ACCESSION NUMBER: 0000950152-07-007090 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070823 ITEM INFORMATION: Other Events FILED AS OF DATE: 20070824 DATE AS OF CHANGE: 20070824 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CITIZENS & NORTHERN CORP CENTRAL INDEX KEY: 0000810958 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 232451943 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-16084 FILM NUMBER: 071077275 BUSINESS ADDRESS: STREET 1: 90-92 MAIN ST CITY: WELLSBORO STATE: PA ZIP: 16901 BUSINESS PHONE: 7172656171 MAIL ADDRESS: STREET 1: 90-92 MAIN ST CITY: WELLSBORO STATE: PA ZIP: 16901 8-K 1 l27745ae8vk.htm CITIZENS & NORTHERN CORPORATION 8-K CITIZENS & NORTHERN CORPORATION 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)      August 23, 2007     
     
CITIZENS & NORTHERN CORPORATION
 
(Exact name of registrant as specified in its charter)
         
Pennsylvania   000-16084   23-2451943
         
(State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)
     
90-92 Main Street, Wellsboro, PA   16901
     
(Address of Principal Executive Office)   (Zip Code)
Registrant’s telephone number, including area code      (570) 724-3411     
     
N/A
 
(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(b))
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2)
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

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Section 8 — Other Events
   Item 8.01 Other Events
On August 23, 2007, Citizens & Northern Corporation’s Board of Directors approved an extension and amendment of the Company’s common share repurchase plan. As amended, the plan permits repurchases up to a total of $10 million from the time of this announcement through August 31, 2008. Repurchases are authorized to be made by Citizens & Northern Corporation from time to time at the prevailing market prices in open market or in privately negotiated transactions as, in management’s sole opinion, market conditions warrant and based on stock availability, price and the Company’s financial performance. It is anticipated that such purchases will be made by August 31, 2008; however, no assurance may be given when such purchases will be made or the total number of shares that will be purchased.
Prior to this amendment, the plan had permitted Company repurchases up to $13,000,000 through August 31, 2007. Through August 23, 2007, repurchases had totaled $3,282,983, leaving an available balance of $9,717,017. This amendment adjusts the available balance to $10 million.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned thereunto duly authorized.
             
    CITIZENS & NORTHERN CORPORATION

Date: 8/24/07   By:   Craig G. Litchfield /s/
         
 
      Name:   Craig G. Litchfield
 
      Title:   Chairman, President and
 
          Chief Executive Officer

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