Current Report Filing (8-k)
June 25 2015 - 4:40PM
Edgar (US Regulatory)
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
June 23, 2015
Date of Report (Date of earliest
event reported)
BB&T Corporation
(Exact name of registrant as specified
in its charter)
Commission file number: 1-10853
______________
North Carolina |
56-0939887 |
(State of incorporation) |
(I.R.S. Employer Identification No.) |
200 West Second Street |
|
Winston-Salem, North Carolina |
27101 |
(Address of principal executive offices) |
(Zip Code) |
(336) 733-2000
(Registrant's telephone number, including
area code)
______________
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 June 23, 2015, the Board of Directors of BB&T Corporation (the “Company”) authorized a new
stock repurchase program (the “Program”) to repurchase up to 50 million shares of the Company’s common stock.
Repurchases under the Program may be effected through open market purchases or privately negotiated transactions. The timing
and exact amount of repurchases will be consistent with the Company’s capital plan and subject to various factors, including
the Company’s capital position, liquidity, financial performance, alternative uses of capital, stock trading price, and general
market conditions, and may be suspended at any time. Shares that are repurchased pursuant to the Program will constitute
authorized but unissued shares of the Company and will therefore be available for future issuances. The Program replaces
a stock repurchase plan approved in June 2006, which authorized the Company to repurchase up to 50 million shares of its common
stock.
S I G N A T U R E
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.
|
BB&T CORPORATION |
|
(Registrant) |
|
|
|
By: /s/ Cynthia B. Powell |
|
|
|
Cynthia B. Powell |
|
Executive Vice President and Corporate Controller |
|
(Principal Accounting Officer) |
Date: June 25, 2015
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