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)
July 8, 1996
TF FINANCIAL CORPORATION
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(Exact name of Registrant as specified in its Charter)
Delaware 0-24168 55-0720401
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(State or other jurisdiction (SEC File No.) (IRS Employer
of incorporation) Identification
Number)
3 Penns Trail, Newtown, Pennsylvania 18940
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (215) 579-4000
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Not Applicable
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(Former name or former address, if changed since last Report)
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TF FINANCIAL CORPORATION
INFORMATION TO BE INCLUDED IN REPORT
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Item 5. Other Events
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On July 8, 1996, the Registrant announced that it had concluded the
repurchase of 226,000 shares totalling approximately 5% of its outstanding
common stock in the open market pursuant to a stock repurchase program announced
by the Registrant on June 21, 1996.
For further details, reference is made to the Press Release dated July 8,
1996, which is attached hereto as Exhibit 99 and incorporated herein by this
reference.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits
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Exhibit 99 -- Press Release dated July 8, 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, thereunto duly authorized.
TF FINANCIAL CORPORATION
Date: July 17, 1996 By: /s/ John R. Stranford
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John R. Stranford
President and Chief
Executive Officer
EXHIBIT 99
<PAGE>
NEWS RELEASE
TF FINANCIAL CORPORATION
3 Penns Trail
Newtown, Pennsylvania 18940
For verification, contact: John R. Stranford, President and CEO
Bill Niemczura, Senior Vice President
and Chief Financial Officer
Phone: (215) 579-4000
Fax: (215) 579-4748
For immediate release July 8, 1996
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Newtown, Pennsylvania, July 8, 1996 - - TF Financial Corporation (NASDAQ:
THRD), the holding company for Third Federal Savings Bank, today announced the
completion of the repurchase of 226,000 shares of the Company's common stock.
This repurchase represents approximately five per-cent of the outstanding shares
prior to the commencement of the repurchase program of the company and reduces
the total outstanding shares to 4,297,386.
John R. Stranford, President of TF Financial Corporation, said that the
repurchased shares will be retained as treasury stock.
Third Federal Savings Bank is headquartered in Newtown, Pennsylvania and
operates through its main office and ten branch office locations throughout
Northeast Philadelphia and Lower Bucks County. Third Federal recently announced
that it had entered into a definitive agreement with Cenlar Federal Savings
Bank, Trenton, New Jersey, to acquire three branch offices of Cenlar located in
Ewing, Hamilton Square and Princeton, New Jersey with approximately $143 Million
in deposits. The Company's Stock is traded under the symbol "THRD" on the NASDAQ
Stock Market.
