-----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, DcMvmX+lYo7N4EPqMmSRJapYsgQbLtoiKU1CId3GbQSeA7zcrqxhzfodSW3pyU1A qESCM9iAek9Lzv+Sd6cuyg== 0000950152-99-009264.txt : 19991119 0000950152-99-009264.hdr.sgml : 19991119 ACCESSION NUMBER: 0000950152-99-009264 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19991115 ITEM INFORMATION: FILED AS OF DATE: 19991118 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CONVERGYS CORP CENTRAL INDEX KEY: 0001062047 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 311598292 STATE OF INCORPORATION: OH FISCAL YEAR END: 1215 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-14379 FILM NUMBER: 99760478 BUSINESS ADDRESS: STREET 1: 201 EAST FOURTH STREET CITY: CINCINNATI STATE: OH ZIP: 45201 BUSINESS PHONE: 5133975364 8-K 1 CONVERGYS CORPORATION 8-K 1 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: November 15, 1999 CONVERGYS CORPORATION (Exact name of registrant as specified in its charter) Ohio 1-4379 31-1598292 (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 201 East Fourth Street Cincinnati, Ohio 45202 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (513) 723-7000 2 FORM 8-K CONVERGYS CORPORATION On November 15, 1999, Convergys Corporation issued a press release announcing that its Board of Directors has authorized the company to repurchase up to 7 million common shares from time to time as market and business conditions warrant. Convergys currently has about 153 million common shares outstanding. Attached as Exhibit 99.1 to this Current Report on Form 8-K is the text of the November 15, 1999 press release, announcing the share repurchase program. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits. 99.1 Press Release, dated November 15, 1999. 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. CONVERGYS CORPORATION By: /s/ William D. Baskett III ----------------------------------- William D. Baskett III General Counsel and Secretary Date: November 17, 1999 EX-99.1 2 EXHIBIT 99.1 1 Exhibit 99.1 CONVERGYS CORPORATION ANNOUNCES REPURCHASE OF COMMON STOCK (Cincinnati, Ohio; November 15, 1999) - - Convergys Corporation, the world leader in providing integrated, customer care and billing for communications companies, announced today that its Board of Directors has authorized the company to repurchase up to 7 million shares of its common stock from time to time as market and business conditions warrant. Convergys currently has about 153 million shares of common stock outstanding. According to Steve Rolls, Convergys' Chief Financial Officer, the Convergys Board decided to grant this discretionary authority given the current attractive share price. He said, "The Board's action is based on our strong belief that in recent months our shares have been undervalued by the market and represent an attractive investment. The repurchase program is also consistent with our continuing objective of building and delivering value to our shareowners and confirms our confidence and enthusiasm for our strategic outlook and continued profitable growth. Our fundamentals are strong and we are aggressively pursuing the opportunities that the changing billing and customer care marketplace presents." NOTE: Information included in this news release contains forward-looking statements that involve potential risks for Convergys Corporation. The future results of Convergys could differ materially from those discussed herein. Factors that could cause or contribute to such differences include, but are not limited to, the loss of a significant client, difficulties in completing or integrating acquisitions, Year 2000 compliance, and other factors disclosed in the Form 10-K for the year ended December 31, 1998, filed with the SEC by Convergys Corporation. -----END PRIVACY-ENHANCED MESSAGE-----