-----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, AvvKs39ZmgCSqKF7vryZCD0Tuqh0FQT5K0OK8Xd8rJxI5n9VdvEtaMRJD31GDjrE jSOPwCaJIZ2JmenDnqpbXw== 0000914317-98-000544.txt : 19980821 0000914317-98-000544.hdr.sgml : 19980821 ACCESSION NUMBER: 0000914317-98-000544 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980819 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980820 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: EAST TEXAS FINANCIAL SERVICES INC CENTRAL INDEX KEY: 0000929646 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 752559089 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-24848 FILM NUMBER: 98694947 BUSINESS ADDRESS: STREET 1: 1200 S BECKHAM AVE CITY: TYLER STATE: TX ZIP: 75701 BUSINESS PHONE: 9035931767 MAIL ADDRESS: STREET 1: 1200 SOUTH BECKHAM AVE CITY: TYLER STATE: TX ZIP: 75701 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) August 19, 1998 EAST TEXAS FINANCIAL SERVICES, INC. - -------------------------------------------------------------------------------- (Exact name of Registrant as specified in its Charter) Delaware 0-24848 75-2559089 - -------------------------------------------------------------------------------- (State or other (Commission File No.) (IRS Employer jurisdiction of Identification Number) incorporation 1200 South Beckham Avenue, Tyler, Texas 75701-3319 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (903) 593-1767 - -------------------------------------------------------------------------------- N/A - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) Item 5. Other Events On August 19, 1998, the Registrant issued for publication the press release attached as Exhibit "99" announcing the completion of a stock repurchase program. Item 7. Financial Statements and Exhibits The Exhibit referred to in Item 5 of this Report and listed on the accompanying Exhibit Index is filed as part of this Report and is incorporated herein by reference. -2- Exhibit Sequential Number No. Description Page ---------- ----------- ---- 99 Press release, published on August 19, 1998. 6 -3- 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. EAST TEXAS FINANCIAL SERVICES, INC. Date: August 19, 1998 By: /s/ GERALD W. FREE ------------------ Gerald W. Free Vice Chairman, President And Chief Executive Officer -4- EXHIBIT "99" -5- EX-99 2 EAST TEXAS FINANCIAL SERVICES, INC. 1200 South Beckham o P. O. Box 6910 o Tyler, TX 75711-6910 o 903-593-1767 o Fax 903-593-1094 NEWS RELEASE For verification, contact: Gerald W. Free, Vice Chairman/President/CEO Derrell W. Chapman, Vice President/COO/CFO Telephone: (903) 593-1767 Fax: (903) 593-1094 For immediate release, August 19, 1998 - -------------------------------------------------------------------------------- EAST TEXAS FINANCIAL SERVICES, INC. ANNOUNCES COMPLETION OF STOCK REPURCHASE PROGRAM Tyler, Texas, August 19, 1998, - - - East Texas Financial Services, Inc. (NASDAQ: ETFS), today announced its completion of its fifth stock repurchase program. On July 30, 1998, the Company announced its intention to repurchase, in the open market up to 5% or 76,973 shares of its common stock. Today, the Company announces the completion of the repurchase of all 76,973 shares of the stock with purchase prices ranging from $14.00 per share to $14.125 per share. The repurchased shares will be placed into treasury stock and be used for general corporate purposes, including the issuance of shares under the Company's stock option plan. East Texas Financial Services, Inc., is the holding company for First Federal Savings and Loan Association of Tyler, Texas. The Company issued 1,215,190 shares of stock in its initial public offering completed on January 10, 1995, in conjunction with the conversion of the Association from a federally chartered mutual to stock savings and loan association. The Company issued a 3 for 2 stock split in March of 1998, and the Company adjusted share data accordingly. The Company now has outstanding 1,464,056. - END - -----END PRIVACY-ENHANCED MESSAGE-----