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): October 28, 1999
-----------------
HARLEYSVILLE GROUP INC.
-------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 0-14697 51-0241172
- --------------------------- ------- ----------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
355 Maple Avenue, Harleysville, Pennsylvania 19438
- -------------------------------------------- ---------
(Address of principal executive offices) (Zip Code)
(215) 256-5000
---------------------------------------------------
Registrant's telephone number, including area code
N/A
- ---------------------------------------------------------------
(Former name or former address, if changed since last report.)
Item 5. Other Events
- ------ ------------
On October 28, 1999, Harleysville Group Inc. issued a press
release reporting the earnings of the Company for the third
quarter of 1999 and an increase in its share repurchase program
for each of Harleysville Group Inc. and Harleysville Mutual
Insurance Company to purchase up to 500,000 additional shares of
Harleysville Group common stock, up to a total of 1,000,000
shares.
The information on the repurchase program included in the
press release follows:
<PAGE>
Page 2
On October 27, the boards of both Harleysville Group and
Harleysville Mutual Insurance Company authorized repurchase plans
for each company to purchase up to 500,000 shares of Harleysville
Group common stock, in addition to the 500,000 shares authorized
for each company earlier this year. Through October 25, each
company had purchased 308,165 shares, at an average price of
$15.45 per share, leaving 691,835 authorized shares available for
repurchase by each company.
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.
HARLEYSVILLE GROUP INC.
Registrant
/s/ Mark R. Cummins
October 29, 1999 -------------------------
- ---------------- Mark R. Cummins
Executive Vice President,
Chief Investment Officer &
Treasurer