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EX-99 - EX-99 - WVS FINANCIAL CORPd905174dex99.htm





Washington, D.C. 20549







Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

March 25, 2020 (March 24, 2020)

Date of Report (Date of earliest event reported)



WVS Financial Corp.

(Exact name of registrant as specified in its charter)




Pennsylvania   0-22444   25-1710500

(State or other jurisdiction

of incorporation)



File Number)


(IRS Employer

Identification No.)

9001 Perry Highway,

Pittsburgh, Pennsylvania

(Address of principal executive offices)   (Zip Code)

(412) 364-1913

(Registrant’s telephone number, including area code)

Not Applicable

(Former name, former address and former fiscal year, if changed since last report)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


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


Soliciting material pursuant to Rule 14a-12 under 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))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class





Name of each exchange

on which registered

Common Stock   WVFC   NASDAQ

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐




Item 8.01

Other Events

On March 24, 2020 WVS Financial Corp. (the “Company”), the holding company for West View Savings Bank (the “Savings Bank”), announced that the Company’s Board of Directors authorized its Twelfth Stock Repurchase Program. The Twelfth Stock Repurchase Program is targeting the repurchase of up to 100,000 shares, or approximately five percent, of the Company’s outstanding common stock. The Twelfth Stock Repurchase Program is expected to begin upon the completion of the Company’s Eleventh Stock Repurchase Program. There are 4,454 shares of Company common stock remaining to be repurchased in the Company’s Eleventh Stock Repurchase Program.

The Company intends on repurchasing its common stock under both Stock Repurchase Programs from time to time in open market or private transactions as, in the opinion of management, market conditions warrant.

For additional information, reference is made to the Press Release, dated March 24, 2020, which is attached hereto as Exhibit 99 and is incorporated herein by reference.


Item 9.01

Financial Statements and Exhibits



Not applicable



Not applicable



Not applicable






Exhibit 99 – Press Release, dated March 24, 2020.

This information, including the press release filed as Exhibit 99, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933.


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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.


Dated:  March 25, 2020     By:  

/s/ David J. Bursic

      David J. Bursic
      President and Chief Executive Officer


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