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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities and Exchange
Act of 1934
Date of Report (Date of earliest event reported): October 19,
1999
FIRST COMMONWEALTH FINANCIAL CORPORATION
(Exact Name of registrant as specified in its charter)
PENNSYLVANIA 0-11242 25-1428528
(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification No.)
incorporation)
22 N. Sixth Street, Indiana, PA 15701
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (724) 349-7220
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Item 5. OTHER EVENTS
On October 19, 1999 the registrant's Board of Directors approved
a 2-for-1 stock split effected in the form of a 100% stock
dividend. Shareholders of record at the close of business
November 4, 1999 will receive one additional share for each share
held. The additional shares will be distributed on November 18,
1999. Pursuant to the foregoing stock split an additional
31,262,706 common shares will be issued, and the sum of
$31,262,706 ($1 per share) will be transferred to the
registrant's common stock account, and such amount will be
charged against the Corporation's retained earnings account. As
of November 2, 1999, before restatement, the number of common
shares issued were 31,262,706 and shares outstanding were
29,117,916.
In a separate motion, the registrant's Board of Directors
approved an increase in the discount on reinvestment purchases in
the Corporation's Dividend Reinvestment Plan from 5% to 10%.
This discount on fair market price is offered on shares purchased
with reinvested dividends.
Dated: November 2, 1999
FIRST COMMONWEALTH FINANCIAL CORPORATION
By: /S/JOHN J. DOLAN
John J. Dolan
Executive Vice President and
Chief Financial Officer
