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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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 14, 1997
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TOMPKINS COUNTY TRUSTCO, INC.
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(Exact name of Registrant as specified in its charter)
New York 0-27514 161482357-8
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(State of other jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation) I.D. Number)
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P.O. Box 460, The Commons, Ithaca, New York 14851
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(Address of Principal Executive Offices) (Zip Code)
(607) 273-3210
(Registrant's Telephone Number including area code)
Page 1 of 5 pages
Exhibit Index on page 4
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Item 5. Other Events
On May 15, 1997, Tompkins County Trustco, Inc. (the "Company") announced
the repurchase of 80,000 shares of the Company's Common Stock, $.10 par value,
in a privately negotiated transaction from certain trust accounts administered
by the Company's Trust and Investment Services Department. The repurchase was
completed on May 14, 1997, at the then current market price of $33.375. The
press release announcing the stock repurchase is attached hereto as Exhibit 99.1
and is incorporated by reference herein.
Item 7. Financial Statements and Exhibits
Exhibit 99.1 Press Release dated May 15, 1997 announcing the stock
repurchase.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
TOMPKINS COUNTY TRUSTCO, INC.
By: /s/ JAMES J. BYRNES
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James J. Byrnes
Chairman of the Board, President
and Chief Executive Officer
Date: May 15, 1997
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Exhibit Index
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Exhibit 99.1 Press Release dated May 15, 1997 announcing the stock repurchase.
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EXHIBIT 99.1
For additional information, contact
James J. Byrnes, President & CEO
(607) 273-3210
FOR IMMEDIATE RELEASE
May 15, 1997
Tompkins County Trustco, Inc. (TMP - American Stock Exchange) announced
today the repurchase of 80,000 shares of the Company's Common Stock in a
privately negotiated transaction from certain trust accounts administered by the
Company's Trust and Investment Services Department. The repurchase was
completed on May 14, 1997, at the then current market price of $33.375. The
shares will be retired and the outstanding shares of the Company's Common Stock
will be reduced to 3,236,230 shares.
