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 22, 2000. HF FINANCIAL CORP. - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 0-19972 46-0418532 - -------------------------------------------------------------------------------- (State or other Jurisdiction (Commission File Number) (I.R.S. Employer of incorporation) Identification No.) 225 South Main Avenue - -------------------------------------------------------------------------------- Sioux Falls, South Dakota 57104 (Address of principal executive offices) Registrant's telephone no., including area code: (605) 333-7556 Not Applicable - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) Page 1 of 3 Pages ITEM 5. OTHER EVENTS. HF Financial Corp. (the "Company") announced on March 23, 2000 that the Company's Board of Directors has authorized management to repurchase up to 10% of its outstanding common stock beginning March 27, 2000 through March 31, 2001. Management of the Company stated that purchases will be made periodically in either open market or private transactions or both, in accordance with guidelines established by the Securities and Exchange Commission which includes volume restrictions designed to minimize the impact of such repurchases. The number of shares of Common Stock actually acquired by the Company will depend upon subsequent developments and corporate needs, and such repurchases may be interrupted or discontinued at any time. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. HF FINANCIAL CORP. Date: March 24, 2000 By: /s/ Curtis L. Hage Chairman, President and CEO 3