Flag Financial Stock Repurchase

FORM 8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

CURRENT REPORT




Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):
March 19, 2004


 
 

 
Flag Financial Corporation

(Exact name of registrant as specified in its charter)



Georgia
000-24532
58-209417



(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
 
 
 


3475 Piedmont Road, Suite 550, Atlanta, Georgia
 
 
30305




(Address of principal executive offices)
 
 
(Zip Code)
 
 
 
 
Registrant’s telephone number, including area code:
 
 
(404) 760-7700






 


(Former name or former address, if changed since last report)
 
     

 

Item 5.         Other Events and Required FD Disclosure

On March 19, 2004, Flag Financial Corporation announced a stock repurchase program pursuant to which it intends to repurchase up to an aggregate of 10% of its outstanding common stock. The repurchases will be made in accordance with applicable securities laws, including Rule 10b-18 under the Securities Exchange Act of 1934, as amended. A copy of the related press release is furnished as Exhibit 99.1 to this report.

 
Item 7.    Exhibits       
          
               (c)   Exhibits
   
   No.   Description 
  
              99.1   Press Release dated March 19, 2004.
 
 
     

 
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 hereunto duly authorized.


Date: March 19, 2004   
          FLAG FINANCIAL CORPORATION
 
 
           By:
 
/s/ J. Daniel Speight   
 

               
J. Daniel Speight
Vice Chairman, Chief Financial Officer and Secretary