-----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, FpuaEYUctT66TPAV3FrMWphUV9GKdVbyoc7A1oqIWW+UdhBx8cqyryQNb54i+x8S 81oqSMvN0Z8slAD9c5SWcg== 0000894671-07-000035.txt : 20070215 0000894671-07-000035.hdr.sgml : 20070215 20070215123105 ACCESSION NUMBER: 0000894671-07-000035 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070209 ITEM INFORMATION: Other Events FILED AS OF DATE: 20070215 DATE AS OF CHANGE: 20070215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OHIO VALLEY BANC CORP CENTRAL INDEX KEY: 0000894671 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 311359191 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20914 FILM NUMBER: 07626256 BUSINESS ADDRESS: STREET 1: 420 THIRD AVE CITY: GALLIPOLIS STATE: OH ZIP: 45631 BUSINESS PHONE: 7404462631 MAIL ADDRESS: STREET 1: 420 THIRD AVENUE STREET 2: PO BOX 240 CITY: GALLIPOLIS STATE: OH ZIP: 45631 8-K 1 sec8k020907stckreprchscvr.txt STOCK REPURCHASE PROGRAM COVER PAGE 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): February 9, 2007 OHIO VALLEY BANC CORP. ------------------------- (Exact name of registrant as specified in its charter) Ohio ------ (State or other jurisdiction of incorporation) 0-20914 31-1359191 --------- ------------ (Commission File Number) (IRS Employer Identification No.) 420 Third Avenue, Gallipolis, Ohio 45631 ------------------------------------------ (Address of principal executive offices) (Zip code) Registrant's telephone number, including area code: (740) 446-2631 Not Applicable ---------------- (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: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] 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 January 23, 2007, the Board of Directors of Ohio Valley Banc Corp., (the "Company"), authorized the repurchase of up to 175,000 shares of the Company's common stock through open market and privately negotiated purchases. All purchases will be made by the Company between February 16, 2007 and February 15, 2008, unless the Company's Board of Directors extends the program. The timing of the purchases, the prices paid and actual number of shares purchased will depend upon market conditions and limitations imposed by applicable federal securities laws. A press release was issued on February 9, 2007 announcing the details of the stock repurchase program. A copy of the press release is included with this Form 8-K as Exhibit 99.1 and is incorporated herein by reference. Page 2 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. OHIO VALLEY BANC CORP. Date: February 9, 2007 By: /s/ Jeffrey E. Smith ------------------------------- Jeffrey E. Smith, President and Chief Executive Officer Page 3 EXHIBIT INDEX Exhibit Number Description - -------------- ----------- 99.1 Press release issued by Ohio Valley Banc Corp. on February 9, 2007. Page 4 EX-99 2 sec8k020907stockreprchex99.txt STOCK REPURCHASE PROGRAM PRESS RELEASE EXHIBIT 99.1 FOR IMMEDIATE RELEASE 2/9/2007 Contact: Richard Scott or Bryna Butler, (740) 446-2631, 1-800-468-6682 OVBC ANNOUNCES STOCK REPURCHASE PROGRAM GALLIPOLIS, Ohio -- Ohio Valley Banc Corp. [NASDAQ: OVBC] was authorized by its board of directors to repurchase up to 175,000 shares of OVBC common stock through open market and privately negotiated purchases. The timing of the purchases, the prices paid and the actual number of shares of common stock purchased will depend upon market conditions and limitations imposed by applicable federal securities laws. All shares of common stock purchased will be held as treasury shares and will be available for use by OVBC pursuant to the terms of OVBC's Dividend Reinvestment and Employee Stock Purchase Plan as well as for other general corporate purposes. Jeffrey E. Smith, president and chief executive officer, commented, "This authorization by our board will permit the purchase of shares, when available, to meet the demand for the Dividend Reinvestment Program. Our shareholders purchased more than 52,000 shares of common stock in 2006 under the Dividend Reinvestment Plan (DRIP) and Employee Stock Purchase Plan." All purchases will be made by OVBC between February 16, 2007 and February 15, 2008, unless OVBC's board of directors extends the program. Ohio Valley Banc Corp. has three subsidiaries: Ohio Valley Bank with 15 offices in Ohio and West Virginia, Loan Central with five offices in Ohio, and Ohio Valley Financial Services based in Jackson, Ohio. Ohio Valley Banc Corp. stock is traded on the NASDAQ Global Market under the symbol OVBC. The company's Web site is www.ovbc.com. -----END PRIVACY-ENHANCED MESSAGE-----