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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
F O R M 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
August 1, 1994
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(Date of Report)
National City Corporation
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(Exact name of registrant as specified in its charter)
Delaware 1-10074 34-1111088
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1900 East Ninth Street, Cleveland, Ohio 44114
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(Address of prinicipal executive offices) (Zip Code)
216-575-2000
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(Registrant's telephone number, including area code)
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Item 5. Other Events
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On July 25, 1994, the Registrant issued a Press Release announcing
that its Board of Directors has authorized the purchase, in the open market or
otherwise, of up to 10 million additional shares of the Corporation's issued
and outstanding common stock subject to a total purchase limit of $300 million.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
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a) FINANCIAL STATEMENTS OF BUSINESS ACQUIRED: None.
b) PRO FORMA FINANCIAL INFORMATION: None.
c) EXHIBIT:
Exhibit 99.1 Press Release dated July 25, 1994 incorporated herein by
reference.
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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.
Dated: July 29, 1994 By /s/ Robert G. Siefers
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Robert G. Siefers
Executive Vice President
and Chief Financial Officer
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Exhibit 99.1
NATIONAL CITY NATIONAL CITY CORPORATION
CORPORATION National City Center
Post Office Box 5756
Cleveland, OH 44101-0756
216-575-2000
FOR MORE INFORMATION CONTACT:
Thomas A. Richlovsky
Senior Vice President & Treasurer
(216) 575-2126
Janis E. Lyons
Vice President, Investor Relations
(216) 575-3329
NATIONAL CITY CORPORATION ANNOUNCES STOCK REPURCHASE PROGRAM
CLEVELAND, OHIO--July 25, 1994--National City Corporation's Board of
Directors has authorized the purchase, in the open market or otherwise, of up
to 10 million shares of the Corporation's issued and outstanding common stock
subject to a purchase limit of $300 million.
All common shares purchased will be held as Treasury shares for reissue in
connection with the Corporation's stock option plans, acquisitions and for
general corporate purposes. The shares will be acquired in accordance with
applicable regulations of the Securities and Exchange Commission.
The existing authorization to acquire the depositary shares of the
Corporation's 8% Cumulative Convertible Preferred stock will remain in force,
subject to a purchase limit of $58 million.
National City Corporation (NYSE: NCC) is a $30 billion diversified
financial service company headquartered in Cleveland, Ohio. National City
operates banks and other financial service subsidiaries prinicipally in Ohio,
Kentucky and Indiana.
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