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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 July 31, 1996
(Date of earliest event reported)
STANDARD FINANCIAL, INC.
(Exact name of Registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
0-24082 36-3941870
(Commission File Number) (IRS Employer Identification Number)
4192 South Archer Avenue
Chicago, Illinois 60632-1890
(Address of principal executive offices) (Zip Code)
(312) 847-1140
(Registrant's telephone number, including area code)
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Item 5. Other Events
On July 29, 1996, the Registrant announced through a press release
that its Board of Directors has authorized the further repurchase of up to ten
percent of the total number outstanding shares of the Company's common stock
from time to time at then prevailing market prices, through January 24, 1997.
For more information regarding this matter, reference is made to the press
release, a copy of which is attached hereto as Exhibit 99.1.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
Exhibit No.
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99.1 Press release dated July 29, 1996
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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.
STANDARD FINANCIAL, INC.
Dated: July 31, 1996 /s/ Randall R. Schwartz
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RANDALL R. SCHWARTZ
Vice President and General Counsel
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NEWS RE:
BULLETIN Standard Financial, Inc.
800 Burr Ridge Parkway
From: Burr Ridge, IL 60521
NASDAQ: STND
FRB
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The Financial Relations Board, Inc.
FOR FURTHER INFORMATION:
At Standard Financial: At The Financial Relations Board:
Thomas Ryan General Inquires Analyst Inquiries
Executive VP/CFO/COO Bill Murphy Brendan Fitzpatrick
(708) 986-7833 (312) 266-7800 (312) 266-7800
FOR IMMEDIATE RELEASE
STANDARD FINANCIAL TO REPURCHASE UP TO
TEN PERCENT OF ITS SHARES OUTSTANDING
Chicago,IL, July 29, 1996 -- Standard Financial, Inc. (NASDAQ:STND), the
holding company for Standard Federal Bank for savings of Chicago, today
announced that its Board of Directors has authorized the purchase of up to 10
percent of its outstanding common stock. The company has approximately
16,345,876 shares of common stock outstanding as of June 30, 1996.
The company said the purchase will be made from time to time at the
prevailing market price, through January 24, 1997, depending upon prices and
market conditions. The purchased stock will be used to fulfill the companys
obligation under a variety of its benefit plans and for general corporate
purposes.
Headquartered in Chicago, Standard Financial, Inc. is a community-oriented
institution offering a variety of retail financial services to meet the needs
of the communities it serves. The bank operates 14 full-service offices on the
southwest side of Chicago and in the nearby western and southwestern suburbs.
For more information on Standard Financial, Inc.
via facsimile at no additional cost,
simply dial 1-800-PRO-INFO and
select Company Code number 186 or
ticker symbol STND.
