UNITED STATES
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 17, 1999
TRANSFINANCIAL HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
State of Other Jurisdiction or Incorporation - Delaware
Commission File Number - 0-12321
IRS Employer Identification Number 46-0278762
8245 Nieman Rd., Suite 100
Lenexa, Kansas 66214
1
(Address of Principal Executive Offices)
Registrant's telephone number, including area code (913) 859-0055
N/A
(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS
Attached hereto, and incorporated by reference herein, as Exhibit 1 is a press
release dated March 17, 1999, with respect to TransFinancial Holdings, Inc.' s
stock repurchase program.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
1. Press Release of TransFinancial Holdings, Inc. dated March 17, 1999.
SIGNATURE
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, thereto duly authorized.
TRANSFINANCIAL HOLDINGS, INC.
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Date: March 17, 1999 By: /s/Timothy P. O'Neil
Timothy P. O'Neil
President
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TransFinancial Holdings, Inc. / Page 1 of 4
Exhibit 1
News Release
FOR IMMEDIATE RELEASE
Contact: Mark A. Foltz
Release (913) 859-0055
TRANSFINANCIAL HOLDINGS, INC. EXPANDS STOCK REPURCHASE PROGRAM
LENEXA, KANSAS, MARCH 17, 1999 - TransFinancial Holdings, Inc. (Amex: TFH), a
holding company with businesses in transportation and financial services, today
announced the expansion of its stock repurchase program.
The Board of Directors approved the expansion of its stock repurchase program
from 400,000 shares to 1,030,000 shares. Since announcement of the program on
February 25, 1999, the Company has repurchased approximately 630,000 shares.
The Company has 3,301,631 shares outstanding after the recent repurchases. The
Company may buy back shares through open market or privately negotiated
transactions at the discretion of Company management, depending on financial and
market conditions or as otherwise permitted under applicable rules. The shares
acquired under the program will become treasury shares.
TransFinancial Holdings, Inc., headquartered in Lenexa, Kansas, owns and manages
Crouse Cartage Company, a regional transportation company, and Universal Premium
Acceptance Corporation (UPAC), a nationwide insurance premium finance company.
TransFinancial common stock trades on the American Stock Exchange under the
symbol "TFH." Additional information is available at the Company's website at
www.transfin.com.
TransFinancial Holdings, Inc. / Page 2 of 4
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