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): June 2, 2008
ORITANI FINANCIAL CORP.
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(Exact Name of Registrant as Specified in Charter)
United States 001-33223 22-3617996
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(State or Other Jurisdiction) (Commission File No.) (I.R.S. Employer
of Incorporation) Identification No.)
370 Pascack Road, Township of Washington, New Jesey 07676
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (201) 664-5400
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Not Applicable
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(Former name or former address, 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 (see General Instruction A.2. below):
[ ] 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))
Item 8.01. Other Events
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On June 2, 2008, Oritani Financial Corp. (the "Company") announced that its
Board of Directors authorized a stock repurchase program pursuant to which the
Company intends to repurchase up to 1,297,668 shares, representing approximately
10.0% of its outstanding publicly-held shares. The timing of the repurchases
will depend on certain factors, including but not limited to, market conditions
and prices, the Company's liquidity requirements and alternative uses of
capital. Any repurchased shares will be held as treasury stock and will be
available for general corporate purposes. The Company anticipates conducting
such repurchases in accordance with a Rule 10b5-1 trading plan. A press release
announcing the stock repurchase program is attached as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
(a) Financial Statements of Businesses Acquired. Not Applicable.
(b) Pro Forma Financial Information. Not Applicable.
(c) Shell Company Transactions. Not Applicable.
(d) Exhibits. 99.1: Press release
dated June 2, 2008.
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.
ORITANI FINANCIAL CORP.
DATE: June 3, 2008 By:/s/ Kevin J. Lynch
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Kevin J. Lynch
President and Chief Executive Officer