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NPBC > SEC Filings for NPBC > Form 8-K on 20-Dec-2013All Recent SEC Filings

Show all filings for NATIONAL PENN BANCSHARES INC

Form 8-K for NATIONAL PENN BANCSHARES INC


20-Dec-2013

Costs Associated with Exit or Disposal Activities, Other Events


Item 2.05. Costs Associated with Exit or Disposal Activities

On December 18, 2013, the Board of Directors of National Penn Bancshares, Inc. ("National Penn") approved certain strategic actions involving the rationalization of the Company's current expense base, resulting in a non-recurring charge to earnings that will be included in fourth quarter 2013 financial results. Additional information is provided in a press release dated December 20, 2013, which press release is included in this report as Exhibit 99.1 and which is incorporated herein by reference.



Item 8.01. Other Events

On December 18, 2013, the Board of Directors of National Penn approved a stock repurchase program for 2014. This action is reflected in a press release dated December 20, 2013, which press release is included in this report as Exhibit 99.1 and which is incorporated herein by reference.

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