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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 (Date of earliest event reported)
January 26, 1999
LSB FINANCIAL CORP.
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(Exact name of Registrant as specified in its charter)
Indiana 0 - 25070 35-1934975
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(State or other (Commission File No.) (IRS Employer
jurisdiction of Identification
incorporation) No.)
101 Main Street, Lafayette, Indiana 47902
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (765) 742-1064
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N/A
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(Former name or former address, if changed since last report)
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Item 5. Other Events
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On January 26, 1999, LSB Financial Corp. issued the attached press release
announcing the completion of its repurchase of 5% of its common stock.
The Exhibits referred to in Item 7 of this Report and listed on the
accompanying Exhibit Index are filed as part of this Report and are incorporated
herein by reference.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits
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(c) Exhibits:
Exhibit 99 - Press release dated January 26, 1999
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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.
LSB FINANCIAL CORP.
Date: January 26, 1999 By: /S/JOHN W. COREY
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John W. Corey
President and Chief Executive
Officer
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NEWS RELEASE
FOR IMMEDIATE RELEASE Contact John W. Corey
January 26, 1999 President
(765) 742-1064
LSB Financial Corp. Announces Completion of
Stock Repurchase Pogram
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LSB Financial Corp. (NASDAQ:LSBI), the parent company of Lafayette Savings
Bank, FSB, today announced the completion of its latest repurchase of 5% of its
shares. The Company repurchased 45,691 shares in the open market over an eight
month period. The repurchased shares will be retired into authorized but
unissued status.
LSB President and CEO John W. Corey stated, "We are pleased to announce the
successful completion of this stock repurchase program which typifies our
efforts to maximize long-term shareholder value. We believe that by continuing
to execute our business plan and taking advantage of the opportunities presented
to us by the market, we will continue to reward our shareholders for the
confidence they place in us."
The closing price of LSB stock on January 21, 1999, was $27.25 per share as
reported by the NASDAQ stock market.
