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EX-99 - PRESS RELEASE ANNOUNCING INCREASED COMMON STOCK REPURCHASE PROGRAM - AMERISERV FINANCIAL INC /PA/leh99.htm

UNITED STATES

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

 

April 19, 2012

Date of Report (Date of earliest event reported)

 

AMERISERV FINANCIAL, INC.

(Exact name of registrant as specified in its charter)

 

Pennsylvania

 

0-11204

 

25-1424278

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Ident. No.)

 

 

 

 

 

Main and Franklin Streets, Johnstown, Pennsylvania

 

15901

(Address of principal executive offices)

 

(Zip Code)

 

(814) 533-5300

Registrant’s telephone number, including area code

 

N/A

(Former name or former address, if changed since last report.)


 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c))

 


 













Item 8.01     Other Events.

On April 19, 2012, AmeriServ Financial, Inc. (the “Company”) announced that its Board of Directors approved an increase in the size of its previously announced stock repurchase program to permit the repurchase of an additional 5% or approximately 1,007,000 shares of its common stock outstanding.  The Company also announced the repurchase of 1,045,000 shares of its common stock at $2.47 per share.  The repurchase program and the repurchase are announced in a press release which is attached hereto as Exhibit 99.1.

Item 9.01     Financial Statements and Exhibits.

(d)

Exhibits:

 

99.1

Press release, dated April 19, 2012, of AmeriServ Financial, Inc.


 

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.

 

 

AMERISERV FINANCIAL, INC.

 

 

 

 Dated:  April 19, 2012

By:

/s/  Jeffrey A. Stopko

 

 

 

 

Jeffrey A. Stopko

 

 

 

Executive Vice President and
Chief Financial Officer

 

 

 

 

 













 

EXHIBIT INDEX

 

Exhibit Number

 

Description

 

 

 

99.1

 

Press release, dated April 19, 2012, of AmeriServ Financial, Inc.