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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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) September 6, 2000
First Albany Companies Inc.
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(Exact Name of Registrant as Specified in Charter)
New York 0-14140 22-2655804
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(State or Other Juris- (Commission File (IRS Employer diction of
diction of Incorporation) Number) Identification No.)
30 South Pearl Street, Albany, New York 12207
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code # (518) 447-8500
N/A
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(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events.
On Wednesday, September 6, 2000, the Registrant issued a press release
announcing the completion of a stock buy-back in which the Registrant purchased
approximately 814,000 shares of its common stock from many of its former Private
Client Group financial consultants. The Registrant purchased these shares from
the financial consultants in private transactions for an aggregate purchase
price of approximately $16 million. The Registrant's press release regarding the
stock buy-back is attached hereto as Exhibit 99.1.
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Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(a) Financial Statements of Business Acquired:
Not applicable.
(b) Pro Forma Financial Information:
Not applicable.
(c) Exhibits:
Exhibit Description
99.1 Press release issued by First Albany Companies Inc., dated
September 6, 2000.
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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.
FIRST ALBANY COMPANIES INC.
Date: September 6, 2000 By: /s/ Stephen P. Wink
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Name: Stephen P. Wink
Title: Senior Vice President
& General Counsel
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EXHIBIT INDEX
The following exhibits are filed herewith.
Exhibit Description
99.1 Press release issued by First Albany Companies Inc., dated
September 6, 2000.
