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)
April 9, 1997
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 April 9, 1997, the Registrant announced that it had completed the
repurchase of 214,869 shares totalling approximately 5% of its outstanding
common stock in the open market pursuant to a stock repurchase program
previously announced by the Registrant on October 23, 1996. The Registrant
currently has 4,082,517 shares of common stock outstanding.
For further details, reference is made to the Press Release dated April 9,
1997, 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 April 9, 1997.
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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: April 11, 1997 By: /s/John R. Stranford
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John R. Stranford
President and Chief
Executive Officer
EXHIBIT 99
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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 April 9, 1997
Newtown, Pennsylvania, April 9, 1997 - - TF Financial Corporation (NASDAQ:
THRD), the holding company for Third Federal Savings Bank, today announced the
completion of the repurchase of 214,869 shares of the Company's common stock.
This repurchase represents approximately five percent of the outstanding shares
prior to the commencement of the repurchase program of the company and reduces
the total outstanding shares to 4,082,517.
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 fourteen retail office locations throughout
Northeast Philadelphia, Lower Bucks County and Mercer County, New Jersey. The
Company's Stock is traded under the symbol "THRD" on the NASDAQ Stock Market.
