1 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): September 23, 1998 HPSC, Inc. (Exact name of registrant as specified in its charter) Delaware 0-11618 04-256004 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 60 State Street, Boston, MA 02109 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (617) 720-3600 2 Item 5. Other Events. On September 23, 1998, HPSC, Inc. announced the adoption of a stock repurchase program as described in the press release attached hereto as Exhibit 99.1, which press release is incorporated herein by reference. Item 7. Financial Statements and Exhibits. (c) Exhibits. Exhibit Number 99.1 Press Release of HPSC, Inc. dated September 23, 1998 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. HPSC, Inc. ---------- Registrant DATED: September 23, 1998 By: /S/ John W. Everets -------------------- John W. Everets Chairman and Chief Executive Officer 0417596.01