false000072364600007236462025-01-212025-01-21

United States

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 21, 2025

FRANKLIN FINANCIAL SERVICES CORPORATION

(Exact name of registrant as specified in its new charter)

Pennsylvania

001-38884

25-1440803

  

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

 

1500 Nitterhouse Drive, Chambersburg, PA

17201

 

 

(Address of principal executive office)

(Zip Code)

 

 

 

Registrant's telephone number, including area code

(717) 264-6116

N/A

(Former name or former address, if changes since last report)

Check the appropriate box below if the Form 8-K 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 (17 CFR 230.425)

¨   Soliciting material pursuant to Rule 14a –12 under the Exchange Act (17 CFR 240.14a –12)

¨   Pre-commencement communications pursuant to Rule 14d – 2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨   Pre-commencement communications pursuant to Rule 13e – 4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:



 

 



 

 

Title of class

Symbol

Name of exchange on which registered

Common stock

FRAF

Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨


‎

Item 8.01 – Other Events

On January 16, 2025, the Board of Directors of Franklin Financial Services Corporation declared a $.32 per share regular cash dividend for the first quarter of 2025. This compares to a $.32 per share regular cash dividend for the fourth quarter of 2024. The regular quarterly cash dividend will be paid February 26, 2025 to shareholders of record at the close of business on February 7, 2025.

On January 16, 2025, the Board of Directors also authorized the repurchase of up to 150,000 shares of the Corporation’s $1.00 par value common stock at market prices in open market or privately negotiated transactions beginning January 17, 2025 and continuing through December 31, 2025.

Item 9.01 Financial Statements and Exhibits

(c) Exhibits. The following exhibits are filed herewith:

Number Description  

104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL

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.

FRANKLIN FINANCIAL SERVICES CORPORATION

By: /s/ Timothy G. Henry

Timothy G. Henry

Chief Executive Officer

By: /s/ Craig W. Best

Craig W. Best

President

Dated: January 21, 2025

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Document And Entity Information
Jan. 21, 2025
Document And Entity Information [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Jan. 21, 2025
Entity Registrant Name FRANKLIN FINANCIAL SERVICES CORPORATION
Entity Incorporation, State or Country Code PA
Entity File Number 001-38884
Entity Tax Identification Number 25-1440803
Entity Address, Address Line One 1500 Nitterhouse Drive
Entity Address, City or Town Chambersburg
Entity Address, State or Province PA
Entity Address, Postal Zip Code 17201
City Area Code 717
Local Phone Number 264-6116
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common stock
Trading Symbol FRAF
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
Entity Central Index Key 0000723646
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