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) November 13, 2008
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JEFFERSON BANCSHARES, INC.
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(Exact name of registrant as specified in its charter)
Tennessee 0-50347 45-0508261
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(State or other jurisdiction of (Commission (IRS Employer
incorporation) File Number) Identification No.)
120 Evans Avenue, Morristown, Tennessee 37814
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (423) 586-8421
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Not Applicable
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(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:
[ ] 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))
ITEM 8.01 OTHER EVENTS
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On November 13, 2008, Jefferson Bancshares, Inc. (the "Company"), the
holding company for Jefferson Federal Bank, announced that its Board of
Directors has approved a fourth stock repurchase program to acquire up to
620,770 shares, or 10% of the Company's outstanding common stock. The Company's
third stock repurchase program, which was approved on February 24, 2006 and
authorized the Company to acquire up to 690,261 shares of its outstanding common
stock, was completed on November 12, 2008. Repurchases, which will be
conducted through open market purchases or privately negotiated transactions,
will be made from time to time depending on market conditions and other factors.
Repurchased shares will he held in treasury. For more information, see the press
release dated November 13, 2008 included as Exhibit 99.1 to this report and
furnished herewith.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
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(d) Exhibits
Number Description
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99.1 Press Release dated November 13, 2008
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.
JEFFERSON BANCSHARES, INC.
Dated: November 13, 2008 By: /s/ Anderson L. Smith
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Anderson L. Smith
President and Chief Executive Officer