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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 14, 1997
KENTUCKY FIRST BANCORP, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-13904 61-1281483
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
306 N. Main Street, Cynthiana, Kentucky 41031
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (606) 234-1440
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Not Applicable
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(Former name or former address, if changed since last report)<PAGE>
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ITEM 5. OTHER EVENTS
On January 14, 1997 the Board of Directors of the Registrant
announced the commencement of a program to repurchase up to 69,431
shares of the Registrant's common stock, $0.01 par value which may
become available for repurchase from time to time. Such
repurchases are to be effected through open market purchases.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION
AND EXHIBITS
Exhibits
99.1 Press Release dated January 14, 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.
KENTUCKY FIRST BANCORP, INC.
DATE: January 13, 1997 BY: /s/ Betty J. Long
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Betty J. Long
President and Chief
Executive Officer
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Contact: Ms. Betty J. Long
President
(606) 234-1440
FOR IMMEDIATE RELEASE
Date: January 14, 1997
KENTUCKY FIRST BANCORP, INC. ANNOUNCES
STOCK REPURCHASE PROGRAM
Cynthiana, Kentucky. Kentucky First Bancorp, Inc. (AMEX:KYF)
announced today that it is commencing a stock repurchase program to
purchase up to 69,431 shares of the Company's common stock, which
represents approximately 5% of the outstanding common stock. The
program will be dependent upon market conditions and there is no
guarantee as to the exact number of shares to be repurchased by the
Company.
Betty J. Long, President and Chief Executive Officer of the
Company, stated that the Board of Directors and the Office of
Thrift Supervision have authorized the repurchase program. Ms.
Long explained that the Board of Directors considers the Company's
common stock to be an attractive investment.
According to Ms. Long, the repurchases would be effected
through open market purchases.
Kentucky First Bancorp, Inc. is the holding company for First
Federal Savings Bank, which conducts business through two banking
offices in Cynthiana, Kentucky.
