SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20552
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
August 23, 2005
---------------
Date of Report
(Date of earliest event reported)
Synergy Financial Group, Inc.
-----------------------------
(Exact name of Registrant as specified in its Charter)
New Jersey 0-50467 52-2413926
- --------------------------------------------------------------------------------
(State or other jurisdiction (File No.) (IRS Employer Identification Number)
of incorporation)
310 North Avenue East, Cranford, New Jersey 07016
- --------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (800) 693-3838
--------------
Not Applicable
--------------
(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
[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act
[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act
SYNERGY FINANCIAL GROUP, INC.
INFORMATION TO BE INCLUDED IN REPORT
Item 8.01 Other Events
On August 24, 2005, Synergy Financial Group, Inc. (the "Registrant")
issued a press release to announce that it has completed its purchase of five
percent of the outstanding shares of its common stock (approximately 622,600
shares), as previously announced on January 26, 2005, in open market
transactions.
The Registrant also announced that, as approved by the Board of
Directors on August 23, 2005, it intends to purchase up to an additional five
percent of the outstanding shares of its common stock (approximately 577,628
shares) in open market transactions. Such purchases will be made from time to
time in the open market, based on stock availability, price and the Registrant's
financial performance. It is anticipated that purchases will be made during the
next twelve months, although no assurance can be given as to when they will be
made or to the total number of shares that will be purchased.
A copy of the press release is furnished with this Form 8-K as exhibit
99.
Item 9.01 Financial Statements and Exhibits
Exhibit
Number Description
- ------ -----------
99 Press Release dated August 24, 2005
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, thereunto duly authorized.
SYNERGY FINANCIAL GROUP, INC.
Date: August 24, 2005 By: /s/Kevin A. Wenthen
--------------------------------
Kevin A. Wenthen
Senior Vice President
and Chief Administrative Officer