Current Report Filing (8-k)

Date : 05/17/2019 @ 8:02PM
Source : Edgar (US Regulatory)
Stock : Asta Funding Inc (ASFI)
Quote : 10.2538  0.0438 (0.43%) @ 9:26PM

Current Report Filing (8-k)

 

 



 

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 17 , 2019

 

 


 

 

 

ASTA FUNDING, INC.

(Exact name of registrant as specified in its charter)

 


 

Delaware

 

001-35637

 

22-3388607

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

 

210 Sylvan Avenue, Englewood Cliffs, New Jersey

 

07632

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: 201-567-5648

(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 (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 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))

  

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

 

 

 

 

 

Title of each class

 

Trading Symbol(s)

 

Name of each exchange on which registered

 

 

 

 

 

Common stock, par value $0.01 per share

 

ASFI

 

Nasdaq Global Select Market

 

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 May 17, 2019, Asta Funding, Inc. (the “Company”) issued a press release announcing that its board of directors has approved a share repurchase program of up to $10,500,000 of the Company’s outstanding common stock effective May 17, 2019 and continuing through August 17, 2019.

 

A copy of the press release is included as Exhibit 99.1 to this report and incorporated by reference in its entirety into this Item 8.01.

 

Item 9.01

Exhibits

 

(d)    Exhibits .

 

 

No.

  

Description       

   

99.1

  

Press Release issued by the Company dated May 20, 2019

 

 

 

 

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, thereunto duly authorized.

 

 

 

ASTA FUNDING, INC.

 

 

 

Date: May 17, 2019

 

By:

/s/ Bruce R. Foster                                   

       

 

 

 

Bruce R. Foster

 

 

 

Chief Financial Officer

   

Asta Funding (NASDAQ:ASFI)
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