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 17, 2009
AMERICAN EXPRESS COMPANY
(Exact name of registrant as specified in its charter)
New York 1-7657 13-4922250
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation Identification No.)
or organization)
200 Vesey Street, World Financial Center
New York, New York 10285
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 640-2000
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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 7.01 REGULATION FD DISCLOSURE
American Express Company (the "Company") announced today that it has completed
the previously-announced repurchase of $3.39 billion of preferred shares that
were issued by the Company to the United States Department of the Treasury
(the "Treasury Department") as part of the Treasury Department's Troubled
Asset Relief Program Capital Purchase Program (CPP).
In addition, the Company announced that it expects to give notice to the
Treasury Department of the Company's intent to enter into discussions regarding
the repurchase of the outstanding warrants issued to the Treasury Department in
conjunction with the preferred shares.
A copy of the Company's press release, dated June 17, 2009, announcing the
Company's repurchase of the preferred shares is furnished as Exhibit 99.1 to
this Current Report on Form 8-K and is incorporated herein by reference.
ITEM 8.01 OTHER EVENTS
The first paragraph set forth in Item 7.01 of this Current Report on Form 8-K
is hereby incorporated by reference in its entirety.
Forward-Looking Statements
This report includes forward-looking statements, which are subject to risks
and uncertainties. Forward-looking statements contain words such as "believe,"
"expect," "anticipate," "optimistic," "intend," "plan," "aim," "will," "may,"
"should," "could," "would," "likely" and similar expressions. Readers are
cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date on which they are made. The Company undertakes
no obligation to update or revise any forward-looking statements. Factors that
could cause actual results to differ materially from these forward-looking
statements include, but are not limited to, the following: a decision by the
Company not to proceed with the repurchase of the warrants issued to the
United States Department of the Treasury under the CPP. A further description
of these and other risks and uncertainties can be found in the Company's
Annual Report on Form 10-K for the year ended December 31, 2008, its Quarterly
Report on Form 10-Q for the three months ended March 31, 2009, and its other
reports filed with the SEC.
SIGNATURE
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.
AMERICAN EXPRESS COMPANY
(REGISTRANT)
By: /s/ Carol V. Schwartz
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Name: Carol V. Schwartz
Title: Secretary
Date: June 17, 2009
EXHIBIT INDEX
ITEM NO. DESCRIPTION
99.1 Press release, dated June 17, 2009, of American Express Company
announcing completion of the repurchase of the preferred shares
issued under the Capital Purchase Program.