8-K 1 a05-22042_18k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

 

 

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 (Date of earliest event reported):  December 15, 2005

 

 

HF FINANCIAL CORP.


(Exact name of registrant as specified in its charter)

 

Delaware

 

0-19972

 

46-0418532

(State or other jurisdiction of

 

(Commission File Number)

 

(I.R.S. Employer

incorporation or organization)

 

 

 

Identification No.)

 

 

 

 

 

225 South Main Avenue, Sioux Falls, SD

 

57104

(Address of principal executive office)

 

(ZIP Code)

 

 

 

 

 

(605) 333-7556

(Registrant’s telephone number, including area code)

 

 

 

 

 

Not Applicable

(Former name, former address and former fiscal year, 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:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

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

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

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

 



 

ITEM 8.01  Other Events.

 

On December 15, 2005, HF Financial Corp., a Delaware corporation (the “Company”), completed the sale of 211.44 acres of real property located in Minnehaha County, South Dakota (the “Property”), to MVB Properties, Inc., a South Dakota corporation (the “Buyer”), for a per acre purchase price of $23,000 and an aggregate purchase price of approximately $4.9 million.  The sale of the Property was made pursuant to the terms of that certain Real Estate Purchase Agreement (the “Purchase Agreement”), dated December 21, 2004, between the Company and the Buyer, the terms of which were described in the Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on December 27, 2004, and a copy of which was included as Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the quarterly period ended December 31, 2004.  The Company’s diluted earnings per share gain from the sale of the Property is $0.65, based on the number of diluted shares of the Company’s common stock on December 14, 2005.

 

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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.

 

 

 

 

 

HF Financial Corp.

 

 

 

 

(Registrant)

 

 

 

 

 

 

 

 

 

 

Date:

December 20, 2005

 

by

/s/ Curtis L. Hage

 

 

 

 

Curtis L. Hage, Chairman, President

 

 

 

 

And Chief Executive Officer

 

 

 

 

(Duly Authorized Officer)

 

 

 

 

 

Date:

December 20, 2005

 

by

/s/ Darrel L. Posegate

 

 

 

 

Darrel L. Posegate, Executive Vice President,

 

 

 

 

Chief Financial Officer and Treasurer

 

 

 

 

(Principal Financial and Accounting Officer)

 

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