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GLATFELTER P H CO FILES (8-K) Disclosing Other Events, Financial Statements and Exhibits

May 1, 2014

Item 8.01 Other Events.

P. H. Glatfelter Company (the "Company") announced that its Board of Directors approved a $25 million increase to the Company's share repurchase program and extended the expiration date of the program to May 1, 2016. Under the revised program, the Company may repurchase up to $50 million of its outstanding common stock of which it has used $8.7 million through April 30, 2014.

Purchases by the Company will be made from time to time in accordance with applicable securities regulations. The timing and actual number of shares repurchased, if any, will depend on a variety of factors including the market price of the Company's common stock, regulatory, legal and contractual requirements, and other market factors. The program does not obligate the Company to repurchase any particular amount of common stock and may be modified or suspended at any time at the Board's discretion.

A copy of the press release issued by the Company announcing the share repurchase program is filed as Exhibit 99.1 hereto and is incorporated herein by reference.

Information regarding share repurchases will be available in the Company's periodic reports on Form 10-Q and 10-K filed with the Securities and Exchange Commission as required by the applicable rules of the Exchange Act.

Item 9.01 Financial Statements and Exhibits.

The following exhibit is filed herewith.

99.1 - A copy of the press release dated May 1, 2014 announcing a $25 million increase to its share repurchase program.


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Source: Edgar Glimpses

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