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
April 22, 1999
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Date of Report (Date of earliest event reported)
PEOPLES BANCORP INC.
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(Exact name of Registrant as specified in its charter)
0-16772
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Commission File Number
Ohio 31-0987416
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(State or other jurisdiction (I.R.S. Employer
of incorporation) Identification Number)
138 Putnam Street
P.O. Box 738,
Marietta, Ohio 45750
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
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(614) 373-3155
Not applicable
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(Former name or former address, if changed since last report)
Index to Exhibits on page 3
Item 1. Changes in Control of Registrant
Not applicable.
Item 2. Acquisition or Disposition of Assets
Not applicable.
Item 3. Bankruptcy or Receivership
Not applicable.
Item 4. Changes in Registrant's Certifying Accountant
Not applicable.
Item 5. Other Events
On April 22, 1999, Peoples Bancorp Inc. (Nasdaq: PEBO) announced
that the Company's Board of Directors adopted a resolution
authorizing the repurchase of up to 290,000 shares (or approximately
5% of the Company's outstanding common shares) from time to time in
open market or privately negotiated transactions.
The timing of the purchases and the actual number of common shares
purchased will depend on market conditions. This stock repurchase
program, effective immediately, will continue through December 31,
1999.
In addition, the Company intends to continue the previously announced
purchase of approximately 15,000 treasury shares per quarter for
issuance in connection with Peoples Bancorp's stock option plans.
The release is included herewith as Exhibit 99.
Item 6. Resignations of Registrant's Directors
Not applicable.
Item 7. Financial Statements and Exhibits
(a) Non required
(b) Non required
(c) Exhibits.
EXHIBIT NUMBER DESCRIPTION
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99 News Release issued April 22, 1999
Item 8. Change in Fiscal Year
Not applicable.
Item 9. Sales of Equity Securities Pursuant to Regulation S
Not applicable.
SIGNATURES
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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.
DATE: April 22, 1999 PEOPLES BANCORP INC.
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Registrant
By: /s/ ROBERT E. EVANS
Robert E. Evans
President and Chief Executive Officer
INDEX TO EXHIBITS
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Exhibit Number Description Page
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99 News Release issued April 22, 1999 *
*Filed herewith
NEWS RELEASE
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FOR IMMEDIATE RELEASE Contact: John W. Conlon
- --------------------- Chief Financial Officer
April 22, 1999
(740) 373-3155
PEOPLES BANCORP AUTHORIZES
REPURCHASE OF COMMON STOCK
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MARIETTA, Ohio - The Board of Directors of Peoples Bancorp Inc.
(Nasdaq: PEBO) today adopted a resolution authorizing the repurchase of
up to 290,000 shares (or approximately 5% of the Company's outstanding
common shares) from time to time in open market or privately negotiated
transactions. The timing of the purchases and the actual number of common
shares purchased will depend on market conditions. This stock repurchase
program, effective immediately, will continue through December 31, 1999.
Robert E. Evans, Peoples Bancorp's President and Chief Executive Officer,
commented, "This action is reflective of Peoples Bancorp's long-standing
commitment to enhancing shareholder value and effectively managing our
capital levels. Under current conditions, the purchase of our outstanding
shares is an attractive investment for the Company."
In addition, the Company intends to continue the previously announced
purchase of approximately 15,000 treasury shares per quarter for issuance
in connection with Peoples Bancorp's stock option plans. The continuation
of this 15,000 share quarterly repurchase program may be amended or
eliminated in the future.
Peoples Bancorp Inc. is a bank holding company headquartered in Marietta,
Ohio, with over $870 million in assets. Peoples Bancorp operates 35
financial service locations in the states of Ohio, West Virginia, and
Kentucky. Peoples Bancorp's banking subsidiaries include The Peoples
Banking and Trust Company with offices in Ohio and West Virginia; The First
National Bank of Southeastern Ohio with three Ohio offices; and Peoples Bank
FSB, with four Kentucky offices. Through its subsidiaries, Peoples Bancorp
offers complete banking services and makes available other financial
services, such as trust services, and investment and insurance products.
Learn more about Peoples Bancorp at www.peoplesbancorp.com.
END OF RELEASE
