UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20459
FORM
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 8.01. Other Events
On March 25, 2020, LTC Properties, Inc. (the “Company” or “LTC”) issued a press release announcing that the Company’s Board of Directors has terminated the previously authorized plan for the repurchase of an aggregate of up to 5,000,000 shares of LTC’s outstanding shares of common stock. As of March 25, 2020, LTC had purchased 615,827 shares of common stock at an average price of $29.25 per share, including commissions, for a total investment of approximately $18.0 million. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.
Item 9.01. — Financial Statements and Exhibits
| 99.1 | Press Release issued March 25, 2020. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of Section 13 or 15(d) 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.
| LTC PROPERTIES, INC. | |
| Dated: March 25, 2020 | By:/s/ WENDY L. SIMPSON |
| Wendy L. Simpson | |
| Chairman, CEO & President | |