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EX-99.1 - EXHIBIT 99.1 - SLM CORPd480415dex991.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

Date of Report (Date of earliest event reported): February 5, 2013

 

 

SLM CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-13251   52-2013874

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

300 Continental Drive,

Newark, Delaware

  19713
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (302) 283-8000

 

 

(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:

 

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

 

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

 

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

 

¨ 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 February 5, 2013, the Board of Directors of SLM Corporation: (i) authorized a $400 million share repurchase program to purchase its outstanding shares of common stock; (ii) approved increasing its quarterly common stock dividend to $0.15 per share; and (iii) set the date for its 2013 annual meeting of shareholders.

A press release announcing the above was issued and is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

Item 9.01    Financial Statements and Exhibits.

 

(d) Exhibits.

 

99.1*    SLM Corporation Press Release dated February 5, 2013.

 

* Furnished herewith.


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.

 

  SLM CORPORATION
Date: February 5, 2013   By:   /s/ Laurent C. Lutz
    Laurent C. Lutz
    Executive Vice President and General Counsel


EXHIBIT INDEX

 

Exhibit
No.

  

Description

99.1*    SLM Corporation Press Release dated February 5, 2013.

 

* Furnished herewith.