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): June 3, 1996
Presidential Life Corporation
(Exact name of registrant as specified in its charter)
Delaware 0-5486 13-2652144
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
69 Lydecker Street, Nyack, New York 10960
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (914) 358-2300
(Former name or former address,
if change since last report)
Item 5. Other Events.
Presidential Life Corporation announced that the Board of Directors
authorized a buy back program of up to 1,000,000 shares of its stock, from time
to time. The repurchase program represents approximately 3% of the 33,211,000
shares currently outstanding.
A copy of the press release made by Presidential Life Corporation making
the announcement is attached hereto as Exhibit 99.1 and is hereby incorporated
by reference.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(a) Financial Statements of Business Acquired
None.
(b) Pro Forma Financial Information
None.
(c) Exhibits
99.1 Press Release
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 thereunto duly authorized.
Dated: June 3, 1996 PRESIDENTIAL LIFE CORPORATION
By: /s/ Herbert Kurz
Name: Herbert Kurz
Title: Principal Executive Officer
and Director
INDEX OF EXHIBITS
Exhibit
Number Description of Documents Page
99.1 Press Release 5
FOR IMMEDIATE RELEASE
For Information Contact:
Herbert Kurz, President
Presidential Life Corporation
(914) 358-2300 - Ext. 200
Herbert Kurz, President of Presidential Life Corporation announced that
the Board of Directors authorized a buy back program of up to 1,000,000
shares of its stock, from time to time. The repurchase program represents
approximately 3% of the 33,211,000 shares currently outstanding.
