Current Report

 

 

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) September 12, 2008

 

 

TFS FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

United States of America   001-33390   52-2054948

(State or other jurisdiction

of incorporation)

   (Commission File Number)  

(IRS Employer

Identification No.)

 

7007 Broadway Ave., Cleveland, Ohio   44105
(Address of principle executive offices)   (Zip Code)

Registrant’s telephone number, including area code (216) 441-6000

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 September 12, 2008, the Board of Directors of TFS Financial Corporation (the “Company”), approved the Company’s second repurchase program which authorizes the repurchase of up to an additional 5,000,000 shares of the Company’s outstanding common stock. The new repurchase program will commence immediately upon completion of the first repurchase program of 15,800,000 shares, of which 2,256,000 remain available to be purchased as of September 12, 2008.

The stock may be repurchased on an ongoing basis and will be subject to the availability of stock, general market conditions, the trading price of the stock, alternative uses for capital and the Company’s financial performance. The program may be suspended, terminated or modified at any time for any reason.

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 hereunto duly authorized.

 

  TFS FINANCIAL CORPORATION
            (Registrant)
Date: September 16, 2008   By:  

/s/ David S. Huffman

    David S. Huffman
    Chief Financial Officer