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EX-99.1 - EXHIBIT 99.1 - Franklin Financial Corpv354364_ex99-1.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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) August 29, 2013

 

FRANKLIN FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)

 

Virginia 1-35085 27-4132729

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

 

4501 Cox Road, Glen Allen, Virginia 23060

(Address of principal executive offices) (Zip Code)

 

(804) 967-7000

(Registrant’s telephone number, including area code)

 

Not Applicable

(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 August 29, 2013, the Board of Directors of Franklin Financial Corporation (the “Company”) approved a stock repurchase program whereby the Company may repurchase up to 5%, or 612,530 shares, of its outstanding common stock commencing upon the completion of the 5% stock repurchase program approved by the Company’s Board of Directors on November 15, 2012. For further information, see the Company’s press release dated September 3, 2013, which is attached as Exhibit 99.1 hereto and is incorporated herein by reference.

 

 

Item 9.01 Financial Statements and Other Exhibits

 

(d) Exhibits

 

  Number Description
     
  99.1 Press Release dated September 3, 2013

 

 
 

 

SIGNATURE

 

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.

  

  FRANKLIN FINANCIAL CORPORATION
     
     
Date:  September 4, 2013 By: /s/ Richard T. Wheeler, Jr.
    Richard T. Wheeler, Jr.
    Chairman, President and Chief Executive Officer