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 1, 1999
PEOPLES-SIDNEY FINANCIAL CORPORATION
(Exact name of Registrant as specified in
its charter)
Delaware 0-22223 31-1499862
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(State or other (Commission File No.) (IRS Employer
jurisdiction of Identification No.)
incorporation)
101 East Court Street, Sidney, Ohio 45365
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (937) 492-6129
N/A
(Former name or former address, if changed since last report)
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Item 5. Other Events
On February 1, 1999, Peoples-Sidney Financial Corporation issued the
attached press release announcing the completion of its repurchase of 5% of its
common stock.
The Exhibit referred to in Item 7 of this Report and listed on the
accompanying Exhibit Index are filed as part of this Report and are incorporated
herein by reference.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits:
Exhibit 99 - Press release dated February 1, 1999
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EXHIBIT INDEX
Exhibit
Number Description
- -------- -------------
99 Press Release Announcing Completion of Stock Repurchase Program
<PAGE>
EXHIBIT 99
NEWS RELEASE
FOR IMMEDIATE RELEASE Contact Douglas Stewart
February 1, 1999 President and Chief Executive Officer
(937) 492-6129
Peoples-Sidney Financial Corporation Announces Completion of
Stock Repurchase Program
Peoples-Sidney Financial Corporation (NASDAQ: PSFC), the parent company
of Peoples Federal Savings and Loan Association, today announced the completion
of its latest repurchase of 5% of its shares. The Company repurchased 89,269
shares in the open market over a seven month period. The repurchased shares will
be used to fund the Company's recognition and retention plan previously approved
by shareholders.
Peoples-Sidney President and CEO Douglas Stewart stated, "We are
pleased to announce the successful completion of this stock repurchase program
which typifies our efforts to maximize long-term shareholder value. We believe
that by continuing to execute our business plan and taking advantage of the
opportunities presented to us by the market, we will continue to reward our
shareholders for the confidence they place in us."
The closing price of Peoples-Sidney stock on February 1, 1999, was
$15.63 per share as reported by the NASDAQ stock market.
<PAGE>
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.
PEOPLES-SIDNEY FINANCIAL CORPORATION
Date: February 1, 1999 By: /s/ Douglas Stewart
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Douglas Stewart
President and Chief Executive
Officer
