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): January 29, 2004

                         WAYNE SAVINGS BANCSHARES, INC.
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             (Exact name of registrant as specified in its charter)


       Delaware                        0-23433                    31-1557791
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(State or other jurisdiction      (Commission File No.)        (IRS Employer
of incorporation)                                           Identification No.)




151 N. Market St., Wooster, Ohio                                     44691
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(Address of principal executive offices)                          (Zip Code)


Registrant's telephone number, including area code: (330) 264-5767
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                                 Not Applicable
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          (Former name or former address, if changed since last report)






Item 5. Other Events and Regulation FD Disclosure

     Wayne Savings  Bancshares,  Inc. (the "Company")  announced a stock buyback
program in a press  release dated January 29, 2004. A copy of that press release
describing the buyback plan is attached as exhibit 99.


Item 7. Financial Statements and Exhibits.

     (a)  Not Applicable.

     (b)  Not Applicable.

     (c)  Exhibits.

          Exhibit No.                         Description
          -----------                         -----------

             99                           Press release dated January 29, 2004

Item 12. Results of Operations and Financial Condition

     On January 29, 2004,  the Company  announced its earnings for the three and
nine months ended  December 31, 2003. A copy of the press  release dated January
29, 2004,  describing  earnings  for these  periods is attached as Exhibit 99 to
this report. The information included in the press release text and the attached
financial  supplement  is  considered  to be  "furnished"  under the  Securities
Exchange Act of 1934.  The Company will include final  financial  statements and
additional  analyses for the period ended December 31, 2003, as part of its Form
10-Q covering that period.


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                                   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.

                                          WAYNE SAVINGS BANCSHARES, INC.


DATE: January 30, 2004                    By: /s/ Charles F. Finn
                                          -----------------------
                                          Charles F. Finn
                                          President and Chief Executive Officer

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