-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VElZ3B5pqR8JJ80kdLPJci3fk5k8Z5AbLFqoKK3P0Lffj1vdbacxNFQ4C0ySHWPM 8yvgN0vBaEkPcqQi05+8+g== 0001193125-03-095669.txt : 20031217 0001193125-03-095669.hdr.sgml : 20031217 20031217145401 ACCESSION NUMBER: 0001193125-03-095669 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20031216 ITEM INFORMATION: Other events FILED AS OF DATE: 20031217 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SONIC AUTOMOTIVE INC CENTRAL INDEX KEY: 0001043509 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500] IRS NUMBER: 562010790 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13395 FILM NUMBER: 031059851 BUSINESS ADDRESS: STREET 1: 5401 EAST INDEPENDENCE BLVD STREET 2: PO BOX 18747 CITY: CHARLOTTE STATE: NC ZIP: 28212 BUSINESS PHONE: 7045323354 MAIL ADDRESS: STREET 1: 5401 EAST INDEPENDENCE BLVD CITY: CHARLOTTE STATE: NC ZIP: 28212 8-K 1 d8k.htm FORM 8-K Form 8-K

 

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 16, 2003

 

 

SONIC AUTOMOTIVE, INC.

(Exact Name of Registrant as Specified in Charter)

 

Delaware

(State or Other Jurisdiction of Incorporation)

 

1-13395   56-201079
(Commission File Number)   (I.R.S. Employer Indentification No.)

 

5401 E. Independence Boulevard, Charlotte, North Carolina   28212
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (704) 566-2400

 

Item 5. Other Events and Regulation FD Disclosure

 

On December 16, 2003, we issued a press release announcing an increase in our share repurchase authorization.

 

A copy of the press release is attached hereto as Exhibit 99.1.

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this current report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

 

SONIC AUTOMOTIVE, INC.
By:   /s/ Stephen K. Coss        
 
   

Stephen K. Coss

Vice President and General Counsel

 

Dated: December 16, 2003

 

 

2

EX-99.1 3 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

 

FOR IMMEDIATE RELEASE

 

SONIC AUTOMOTIVE INCREASES SHARE REPURCHASE AUTHORIZATION

 

CHARLOTTE, NC (December 16, 2003) – Sonic Automotive, Inc. (NYSE: SAH) today announced that its Board of Directors has increased the share repurchase authorization from $145 million to $165 million. This authorization permits the Company to repurchase outstanding shares of its Class A common stock or to redeem securities convertible into its Class A common stock. The Company now has approximately $34 million of this increased authorization remaining.

 

About Sonic Automotive, Inc.

 

Sonic Automotive, Inc., a Fortune 300 Company, is one of the largest automotive retailers in the United States operating 189 franchises and 40 collision repair centers. Sonic can be reached on the Web at www.sonicautomotive.com.

 

Included herein are forward-looking statements, including statements with respect to anticipated share repurchase activity. There are many factors that affect management’s views about future events and trends of the Company’s business. These factors involve risk and uncertainties that could cause actual results or trends to differ materially from management’s view, including without limitation, economic conditions, risks associated with acquisitions and the risk factors described in the Company’s Current Report on Form 8-K dated October 2, 2003. The Company does not undertake any obligation to update forward-looking information.

 

Contact:  

E. Lee Wyatt, Chief Financial Officer of Sonic Automotive, Inc. (704) 566-2415

J. Todd Atenhan, Investor Relations of Sonic Automotive, Inc. (888) 766-4218

Bill Steers, Media Relations of Sonic Automotive, Inc. (888) 766-4219

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