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) March 26, 1999
KEYSTONE FINANCIAL, INC.
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(Exact name of registrant as specified in its charter)
Pennsylvania 0-11460 23-2289209
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State or other jurisdiction (Commission File Number) (IRS Employer ID No.)
of incorporation)
One Keystone Plaza, P.O. Box 3660, Harrisburg, Pennsylvania 17105-3660
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(Address of principal executive offices) (ZIP CODE)
Registrant's telephone number including area code: (717) 233-1555
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Item 5. Other Events
The following document is filed as an exhibit to this Form 8-K:
I. Press Release of Keystone Financial, Inc.
dated March 29, 1999.
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.
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Keystone Financial, Inc.
(Registrant)
Date: March 29, 1999 /s/ Donald F. Holt
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Executive Vice President &
Chief Financial Officer
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EXHIBIT INDEX
Exhibit No. Description
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99.1 Press Release of Keystone Financial, Inc. dated
March 29, 1999.
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For Further Information, Contact:
Donald F. Holt,
Executive Vice President &
Chief Financial Officer
(717) 231-5704
KEYSTONE FINANCIAL (KSTN) Keystone Financial Announces New Share Buyback Plan;
Declares Quarterly Cash Dividend
HARRISBURG, Penn. -- (BUSINESS WIRE) -- March 29, 1999 -- Keystone Financial,
Inc. (NASDAQ, NMS: KSTN), the fourth largest financial institution headquartered
in Pennsylvania, today announced a newly approved plan for repurchasing up to
one million shares of common stock. Shares repurchased under the plan are to be
held as treasury stock for various corporate programs, including the funding of
existing employee benefit plans. This latest share repurchase plan follows a
recently completed three million share buyback plan announced in November, 1998.
In a separate action, the board of directors declared a regular cash dividend of
29 cents per share, payable April 20, 1999, to shareholders of record on April
9, 1999.
Keystone Financial, Inc., with assets of approximately $7 billion is the holding
company for Keystone Financial Bank. Keystone also operates Martindale Andres &
Co., an investment management services provider; Keystone Financial Mortgage
Co.; MMC&P, a retirement benefit services firm; Keystone Brokerage, Inc.,
offering full service investment planning and discount brokerage; and a 24-hours
a day, seven days a week Telephone Banking Center.
For more information, visit the company's web site on the Internet at
www.keyfin.com.
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