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): March 3, 2014
INTERNATIONAL BANCSHARES CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Texas |
| 000-09439 |
| 74-2157138 |
(State or other Jurisdiction |
| (Commission File Number) |
| (I.R.S. Employer |
of incorporation or organization) |
|
|
| Identification No.) |
1200 San Bernardo, Laredo, Texas |
| 78040-1359 |
(Address of principal executive offices) |
| (ZIP Code) |
(Registrant’s telephone number, including area code) (956) 722-7611
None
(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):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 250.13e-4 (c))
Item 8.01 Other Events.
On March 3, 2014, International Bancshares Corporation (“IBC”) repurchased 250,209 shares of its Common Stock from Antonio R. Sanchez, Jr., pursuant to IBC’s Stock Repurchase Program which currently authorizes the Company to repurchase through open market and private transactions during the twelve months ending on April 9, 2014 up to $40 million of its Common Stock, which repurchase cap the Company’s Board of Directors is inclined to increase over time. Details of this repurchase are available on the Form 4 filed by Mr. Sanchez on March 5, 2014.
All of the information furnished in Item 8.01 of this report and the accompanying exhibit is also intended to be included under “Item 7.01 — Regulation Fair Disclosure” and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, is not subject to the liabilities of that section and shall not be incorporated by reference in any filing under the Securities Act of 1933, as amended.
SIGNATURES
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.
| INTERNATIONAL BANCSHARES CORPORATION | |
| (Registrant) | |
| By: | /s/ Dennis E. Nixon |
|
| Dennis E. Nixon, President and |
|
| Chairman of the Board |
March 7, 2014 |
|
|
