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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
February 28,1995
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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 principal 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 February 27, 1995, 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 2.5 million additional shares of the
Corporation's issued and outstanding common stock subject to a total purchase
limit of $75 million.
Item 7. Financial Statements, Pro Forma Financial Information and
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Exhibits
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a) Financial Statements of business acquired: None.
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b) Pro forma financial information: None
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c) Exhibit:
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Exhibit 99.1 Press Release dated February 27, 1995 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: February 28, 1995 By /s/ Robert G. Siefers
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Robert G. Siefers
Executive Vice President
and Chief Financial Officer
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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--February 27, 1995--National City Corporation's Board
of Directors has authorized the purchase, in the open market or otherwise, of
up to 2.5 million additional shares of the Corporation's issued and outstanding
common stock, subject to a purchase limit of $75 million.
All common shares purchased under this authorization 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 the applicable regulations of the Securities and
Exchange Commission.
The existing 10 million common share authorization, announced in July,
1994, will remain in force. As of February 24, 1995, 5.9 million shares had
been repurchased under this program.
National City Corporation (NYSE: NCC) is a $32 billion diversified
financial service company headquartered in Cleveland, Ohio. National City
operates banks and other financial service subsidiaries principally in Ohio,
Kentucky and Indiana.
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