-----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, Ujml02XburLPkURI6KX80cUW09TntG3zXcoQFxkaHEnCRhurzcOGPV1bTmrYH7Ln coP0/CxTJkc+Gt/7aipUjQ== 0000946275-96-000309.txt : 19961028 0000946275-96-000309.hdr.sgml : 19961028 ACCESSION NUMBER: 0000946275-96-000309 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19961023 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19961025 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: TF FINANCIAL CORP CENTRAL INDEX KEY: 0000921051 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 742705050 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-24168 FILM NUMBER: 96647879 BUSINESS ADDRESS: STREET 1: 3 PENNS TRAIL CITY: NEWTOWN STATE: PA ZIP: 18940 BUSINESS PHONE: 2155794000 MAIL ADDRESS: STREET 1: 3 PENNS TRAIL CITY: NEWTOWN STATE: PA ZIP: 18940 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) October 23, 1996 TF FINANCIAL CORPORATION ------------------------------------------------------ (Exact name of Registrant as specified in its Charter) Delaware 0-24168 55-0720401 - ---------------------------- -------------- -------------- (State or other jurisdiction (SEC File No.) (IRS Employer of incorporation) Identification Number) 3 Penns Trail, Newtown, Pennsylvania 18940 - ---------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (215) 579-4000 -------------- Not Applicable ------------------------------------------------------------- (Former name or former address, if changed since last Report) TF FINANCIAL CORPORATION INFORMATION TO BE INCLUDED IN REPORT Item 5. Other Events On October 23, 1996, the Registrant announced that it had received the necessary regulatory and Board approval to initiate a repurchase of 5% or 214,869 shares of its outstanding common stock in the open market pursuant to a stock repurchase program. The repurchases will be made from time to time over the next 12 months, subject to the availability of stock. For further details, reference is made to the Press Release dated October 23, 1996, which is attached hereto as Exhibit 99 and incorporated herein by this reference. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits Exhibit 99 -- Press Release dated October 23, 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. TF FINANCIAL CORPORATION Date: October 25, 1996 By: /s/ John R. Stranford ---------------------- --------------------- John R. Stranford President and Chief Executive Officer EX-99 2 PRESS RELEASE EXHIBIT 99 NEWS RELEASE TF FINANCIAL CORPORATION 3 Penns Trail Newtown, Pennsylvania 18940 For verification, contact: John R. Stranford, President and CEO Bill Niemczura, Senior Vice President and Chief Financial Officer Phone: (215) 579-4000 Fax: (215) 579-4748 For immediate release October 23, 1996 Newtown, Pennsylvania, October 23, 1996 - - TF Financial Corporation (NASDAQ: THRD), the holding company for Third Federal Savings Bank ("Third Federal"), announces stock repurchase. TF Financial Corporation announced today that it has received the necessary regulatory and Board approval to initiate a repurchase program covering up to 5% or 214,869 shares of the Company's common stock to be purchased in the open market. The company currently has 4,297,386 outstanding shares of common stock. President Stranford indicated that the repurchase program could mitigate some of the potentially dilutive effects of the Corporation's Stock Option Plan and would also be available for general corporate use. The repurchases will be made from time to time over the next twelve months in open-market transactions, subject to the availability of stock. TF Financial Corporation is the holding company for Third Federal Savings Bank, which presently operates 11 full service offices in Philadelphia and Bucks Counties, Pennsylvania and 3 full service offices in Mercer County, New Jersey. The Bank has $476.4 million in deposits as of the close of business on September 30, 1996. Deposit accounts are insured up to $100,000 by the FDIC. The Corporation's stock is traded under the symbol "THRD" on the NASDAQ National Market and is listed in most daily newspapers as TF Fincl. -----END PRIVACY-ENHANCED MESSAGE-----