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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
May 26, 2000
Date of Report (Date of earliest event reported)
PEOPLES FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)
Mississippi 0-30050 64-0709834
(State or other jurisdiction of (Commission File Number) (IRS Employer
incorporation) Identification No.)
152 Lameuse Street
Biloxi, MS 39530
(Address, including zip code, of principal executive office)
(228) 435-5511
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS
On May 26, 2000, Peoples Financial Corporation issued a press release
announcing a stock repurchase program.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
99. Press Release issued by Peoples Financial Corporation
dated May 26, 2000, headed "Peoples Financial
Corporation Authorizes Stock Repurchase Program."
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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.
Dated: May 26, 2000
PEOPLES FINANCIAL CORPORATION
By: /s/ ANDY CARPENTER
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Andy Carpenter
Vice-Chairman
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<TABLE>
<CAPTION>
INDEX TO EXHIBITS
EXHIBIT
NUMBER DESCRIPTION
- -------- -----------
<S> <C>
99 Press Release issued by Peoples Financial Corporation dated
May 26, 2000, headed "Peoples Financial Corporation
Authorizes Stock Repurchase Program."
</TABLE>
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Exhibit 99: Peoples Financial Corporation Press Release Dated May 26, 2000
FOR IMMEDIATE RELEASE
PEOPLES FINANCIAL CORPORATION
MEDIA INQUIRIES: INVESTOR INQUIRIES:
Jennifer Crane M.O. Lawrence III
Marketing/Training Officer Senior Vice President
Office (228) 435-8643 Office (228) 435-8208
Beeper (228) 432-4820 E-mail: [email protected]
E-mail: [email protected]
May 26, 2000
PEOPLES FINANCIAL CORPORATION AUTHORIZES STOCK REPURCHASE PROGRAM
BILOXI - The Board of Directors of Peoples Financial Corporation has
authorized a stock repurchase program of up to two and one-half percent (2.5 %)
of the outstanding common shares of the Corporation's stock.
According to President, Chevis C. Swetman, "the Board has decided there is
no better investment on the market than buying back our own stock and retiring
it. This is an excellent way to increase Earnings Per Share and increase
stockholder value."
Peoples Financial Corporation is listed on the NASDAQ Small Cap Market
under the symbol PFBX, and has 14 locations in South Mississippi.
Headquartered in Biloxi, Mississippi, Peoples Financial Corporation is the
parent company of The Peoples Bank, Biloxi, Mississippi.
