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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: JANUARY 6, 2000
FARMERS NATIONAL BANC CORP.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
OHIO 34-1371693
(STATE OR OTHER JURISDICTION OF (I.R.S. EMPLOYER IDENTIFICATION NUMBER)
INCORPORATION OR ORGANIZATION)
2-80339
(COMMISSION FILE NUMBER)
20 SOUTH BROAD STREET
CANFIELD, OH 44406
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
(330)533-3341
(REGISTRANTS TELEPHONE NUMBER, INCLUDING AREA CODE)
Item 5. Other events
On January 6, 2000, Farmers National Banc Corp. (the "Registrant")
announced that its Board of Directors has adopted a stock repurchase program.
Under the stock repurchase program, the Registrant will be authorized to
repurchase shares of its outstanding common stock in the open market or in
privately negotiated transactions at appropriate times to allow it to enhance
the value of its stock for shareholders and to manage its capital. The Board's
action will allow management to make repurchases, without further board
approval, when stock purchases are deemed prudent. The Stock Repurchase Program
contemplates that stock repurchases will be made in accordance with Rule 10b-18
of the regulations issued under the Securities Exchange Act of 1934. A copy of
the Press Release announcing the adoption of the Stock Repurchase Program is
attached hereto as Exhibit 99.
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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.
Farmers National Banc Corp.
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(Registrant)
Date: January 6, 2000 /s/Frank L. Paden
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Frank L. Paden, President and Secretary