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WIBC > SEC Filings for WIBC > Form 8-K on 28-Mar-2013All Recent SEC Filings

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Form 8-K for WILSHIRE BANCORP INC


28-Mar-2013

Other Events, Financial Statements and Exhibits


ITEM 8.01 OTHER EVENTS

On March 28, 2013, Wilshire Bancorp, Inc. issued a press release announcing that its Board of Directors has authorized the repurchase of up to 5% of its outstanding common stock or approximately 3.6 million shares. This program will be in effect for 12 months or expire upon completion of the current authorization. Under this program, management is authorized to repurchase shares through Rule 10b5-1 plans, open market purchases, privately negotiated transactions, block purchases or otherwise in accordance with applicable federal securities laws. Depending on market conditions and other factors, repurchases may be made at any time or from time to time, without prior notice. The Company has no obligation to repurchase any shares under this program and may suspend or discontinue it at any time.

A copy of the press release is attached as Exhibit 99.1.



ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(c) Exhibits

Exhibit 99.1 Press release dated March 28, 2013, issued by Wilshire Bancorp, Inc.


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.

WILSHIRE BANCORP, INC.

Date: March 28, 2013 By: /s/ Alex Ko
Alex Ko, Executive Vice President, Chief Financial Officer


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