SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) Nov. 26, 2012 (Nov. 21, 2012)
Peoples United Financial, Inc.
(Exact name of registrant as specified in its charter)
Registrants telephone number, including area code (203) 338-7171
(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 obligations of the registrant under any of the following provisions:
On November 21, 2012, the Board of Directors of Peoples United Financial, Inc. (the Company) approved a new stock repurchase program under which approximately 10% of the Companys common stock outstanding as of September 30, 2012, or 33,600,000 shares, can be repurchased at prices and terms satisfactory to management. Earlier this quarter, the Company completed the repurchase authorization for 18 million shares of common stock announced in October 2011. The pending share repurchase activity is expected to be financed using cash on hand and the proceeds from one or more debt financings.
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.