Stock Rep May 2014
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): May 12, 2014
Resource America, Inc.
(Exact name of registrant as specified in its charter)
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Delaware | | 0-4408 | | 72-0654145 |
(State or other jurisdiction | | (Commission | | (IRS Employer |
of incorporation) | | File Number) | | Identification No.) |
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One Crescent Drive, Suite 203 | | | | |
Navy Yard Corporate Center | | | | |
Philadelphia, PA | | | | 19112 |
(Address of principal executive offices) | | | | (Zip Code) |
Registrant's telephone number, including area code: 215-546-5005
(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:
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o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 7.01 Regulation FD Disclosure.
In connection with Resource America, Inc.'s (the “Company”) stock repurchase program, on May 12, 2014, the Company agreed to repurchase 175,000 of its common shares at a price per share of $8.80. The repurchase was completed on May 16, 2014 and represents approximately 0.9% of the Company's total outstanding common shares.
The information contained herein is furnished and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. The Company undertakes no obligation to update the status of its repurchase program. The information contained in Item 7.01 of this Current Report shall not be incorporated by reference into any registration statement or any other document filed pursuant to the Securities Act of 1933, as amended, except as otherwise expressly stated in such filing.
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 hereunto duly authorized.
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| | Resource America, Inc. |
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Dated: | May 16, 2014 | By: | /s/ Thomas C. Elliott |
| | Name: | Thomas C. Elliott |
| | | Senior Vice President and Chief Financial Officer |