-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TukA6IgF2ZipOQ2rLW+3YudRd8bE63zGn+b8FKWj7c97gzypY5n/xwTQC/N2xozr WiOs3jVN8v4tGSBhTYekog== 0000914317-03-001557.txt : 20030515 0000914317-03-001557.hdr.sgml : 20030515 20030515100841 ACCESSION NUMBER: 0000914317-03-001557 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030515 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PENNFED FINANCIAL SERVICES INC CENTRAL INDEX KEY: 0000920945 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 223297339 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-24040 FILM NUMBER: 03701441 BUSINESS ADDRESS: STREET 1: 622 EAGLE ROCK AVE CITY: WEST ORANGE STATE: NJ ZIP: 07052 BUSINESS PHONE: 2016697366 MAIL ADDRESS: STREET 1: 622 EAGLE ROCK AVE CITY: WEST ORANGE STATE: NJ ZIP: 07052 8-K 1 form8k-52308_pennfed.txt 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) - May 15, 2003 ------------ Commission file number 0-24040 PENNFED FINANCIAL SERVICES, INC. ---------------------------------------------------------------- (Exact name of Registrant as specified in its charter) Delaware 22-3297339 -------------------------------------- -------------------------- (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification Number) 622 Eagle Rock Avenue, West Orange, New Jersey 07052-2989 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (973) 669-7366 ----------------------------- Item 5. Other Events On May 15, 2003, PennFed Financial Services, Inc. (the Company) issued the press release attached hereto as Exhibit 99.1 announcing the completion of the last stock repurchase program and the commencement of a new program. The foregoing information does not purport to be complete and is qualified in its entirety by reference to the Exhibits to this Report. Item 7. Financial Statements and Exhibits (c) Exhibits Regulation S-K Exhibit Number Document ------ -------- 99.1 Press Release dated May 15, 2003 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. PENNFED FINANCIAL SERVICES, INC. Date: May 15, 2003 By: /s/ Joseph L. LaMonica ------------------------------- Joseph L. LaMonica President and Chief Executive Officer EX-99.1 3 exhibit99-1.txt Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Claire M. Chadwick, CFO 973-669-7366, ext. 267 PENNFED FINANCIAL SERVICES, INC. REPORTS COMPLETION OF LAST ----------------------------------------------------------- STOCK REPURCHASE PROGRAM AND COMMENCEMENT OF A NEW PROGRAM ---------------------------------------------------------- WEST ORANGE, NJ, May 15, 2003 - PennFed Financial Services, Inc. (NASDAQ:PFSB), the holding company for the New Jersey-based Penn Federal Savings Bank, today announced that it completed repurchases under its 5 percent Stock Repurchase Program previously authorized in October 2002. Claire M. Chadwick, Executive Vice President and Chief Financial Officer of PennFed, indicated that under the completed program, the Company repurchased 360,000 shares from October 28, 2002 through May 14, 2003 at prices ranging from $25.68 to $28.10 per share. After completion of the repurchase, the Company had 6,892,168 shares of common stock outstanding. The Company also announced that its Board of Directors authorized another 5% Stock Repurchase Program. Under this new program, the Company can repurchase up to 5% of its outstanding shares over the next 18 months, subject to market conditions. Penn Federal Savings Bank, headquartered in New Jersey, maintains 21 branch offices in Bayville, Brick, Caldwell, East Newark, Fairfield, Farmingdale, Harrison, Livingston, Marlboro, Montclair (2), Newark (3), Old Bridge, Roseland, Sayreville, Toms River, Upper Montclair, Verona and West Orange. The Bank's deposits are insured by the Federal Deposit Insurance Corporation. ### -----END PRIVACY-ENHANCED MESSAGE-----