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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 EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): APRIL 14, 1999
BLAIR CORPORATION
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
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DELAWARE 001-00878 25-0691670
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(STATE OR OTHER JURISDICTION OF (COMMISSION FILE NO.) (I.R.S. EMPLOYER IDENTIFICATION
INCORPORATION) NO.)
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220 HICKORY STREET, WARREN, PENNSYLVANIA 16366-0001
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (814) 723-3600
NOT APPLICABLE
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(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
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ITEM 5. OTHER EVENTS.
On April 14, 1999, the Registrant announced that, at the
request of the executors of the Estate of John L. Blair, the Registrant had
repurchased 100,000 shares of the Common Stock of the Registrant, at a
negotiated purchase price not in excess of the market price of the shares on the
date of the transaction. This repurchase is in addition to the Registrant's
repurchase of 500,000 shares of its Common Stock from the Estate of John L.
Blair in January, 1999. A press release regarding the announcement is attached
as Exhibit 99.
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ITEM 7. FINAL STATEMENTS, PRO FORMA FINAL INFORMATION AND EXHIBITS.
(c) Exhibits
Exhibit 99. Press Release
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.
Date: April 14, 1999 Blair Corporation
By: /s/ Kent R. Sivillo
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Kent R. Sivillo, Vice President and
Treasurer (Principal Financial and
Accounting Officer)
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Exhibit 99
[BLAIR CORPORATION LETTERHEAD]
220 HICKORY STREET - WARREN PENNSYLVANIA 16366-0001
PRESS RELEASE For More Information Call:
Thomas P. McKeever
OR
Kent R. Sivillo
Blair Corporation
220 Hickory Street
Warren, PA 16366
(814) 723-3600
FOR IMMEDIATE RELEASE
BLAIR CORPORATION ANNOUNCES THE REPURCHASE OF COMMON STOCK
April 14, 1999 -- Blair Corporation (AMEX:BL), a Delaware Corporation,
today announced that, pursuant to an offer received from the executors of the
Estate of John L. Blair, the corporation has repurchased from Mr. Blair's Estate
100,000 shares of the Common Stock of Blair Corporation. The negotiated purchase
price of all shares repurchased did not exceed the market price of the
Corporation's stock on the date of the transaction. This repurchase is in
addition to the Registrant's repurchase of 500,000 of its Common Stock from the
Estate of John L. Blair in January, 1999.
In addition to the shares repurchased from Mr. Blair's Estate, Blair
Corporation has, from the fourth quarter of 1996 to the present, repurchased on
the open market 544,739 shares of its Common Stock. Including the 100,000 shares
repurchased from Mr. Blair's Estate, as noted above, Blair Corporation has
8,306,793 shares outstanding and 1,768,647 shares in treasury.
Blair Corporation, based in Warren, Pennsylvania, is a national catalog and
direct mail marketer of womenswear, menswear and home products.
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QUALITY, VALUE, SERVICE...A TRADITION SINCE 1910
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