-----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, QSxKzcegLYjHhbOXdxfgHFABwhwkoyRvY1HRBOKu/ip9HiZvdakDXw/B1zOdyilb rWVgMGndHH3bTcrh0R8V4A== 0001104659-06-005750.txt : 20060203 0001104659-06-005750.hdr.sgml : 20060203 20060203085544 ACCESSION NUMBER: 0001104659-06-005750 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060202 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060203 DATE AS OF CHANGE: 20060203 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BRIGGS & STRATTON CORP CENTRAL INDEX KEY: 0000014195 STANDARD INDUSTRIAL CLASSIFICATION: ENGINES & TURBINES [3510] IRS NUMBER: 390182330 STATE OF INCORPORATION: WI FISCAL YEAR END: 0703 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01370 FILM NUMBER: 06575635 BUSINESS ADDRESS: STREET 1: 12301 W WIRTH ST CITY: WAUWATOSA STATE: WI ZIP: 53222 BUSINESS PHONE: 4142595333 MAIL ADDRESS: STREET 1: 12301 W WIRTH ST CITY: WAUWATOSA STATE: WI ZIP: 53222 8-K 1 a06-4144_18k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

 

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): February 2, 2006

 

BRIGGS & STRATTON CORPORATION

(Exact name of registrant as specified in its charter)

 

Wisconsin

 

1-1370

 

39-0182330

(State or other jurisdiction of

 

(Commission File

 

(I.R.S. Employer

incorporation)

 

Number)

 

Identification No.)

 

12301 West Wirth Street, Wauwatosa, Wisconsin 53222

(Address of Principal Executive Offices)                            (Zip Code)

 

Registrant’s telephone number, including area code (414) 259-5333

 

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):

 

o                                    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o                                    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o                                    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o                                    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 



 

ITEM 8.01 Other Events.

 

On February 2, 2006, Briggs & Stratton Corporation issued a press release announcing its intent to repurchase up to one million shares of its common stock by June 2006.  A copy of the press release is filed as Exhibit 99.1 to this Current Report and is incorporated herein by reference.

 

ITEM 9.01 Financial Statements and Exhibits.

 

(a)            Not applicable

 

(b)           Not applicable

 

(c)            Not applicable

 

(d)           Exhibits.  The following exhibit is being filed herewith:

 

99.1

 

Press Release dated February 2, 2006 announcing intent to repurchase shares of common stock.

 

2



 

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.

 

 

 

BRIGGS & STRATTON CORPORATION

 

 

 

(Registrant)

 

 

 

 

 

 

 

Date: February 2, 2006

By:

/s/ James E. Brenn

 

 

 

James E. Brenn

 

 

Senior Vice President and Chief Financial Officer

 

 

Duly Authorized Officer

 

3



 

EXHIBIT INDEX

 

Exhibit No.

 

Description

99.1

 

Press Release dated February 2, 2006 announcing intent to repurchase shares of common stock.

 

4


EX-99.1 2 a06-4144_1ex99d1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

BRIGGS & STRATTON TO REPURCHASE COMMON STOCK THROUGH OPEN MARKET PURCHASES

 

MILWAUKEE, WI February 2, 2006/PR Newswire/-Briggs & Stratton Corporation (NYSE:BGG)

 

Briggs & Stratton today announced that it intends to initiate repurchases of up to one million shares of its common stock through open market transactions that it expects to complete by June 2006.  The timing and amount of purchases will be dependent upon the market price of the stock and certain governing loan covenants.

 

Briggs & Stratton Corporation is the world’s largest producer of air-cooled gasoline engines for outdoor power equipment.  The Company designs, manufactures, markets and services these products for original equipment manufacturers worldwide.  The Company is also a leading designer, manufacturer and marketer of engine powered products that include portable generators, pressure washers, premium lawn and garden equipment and their related accessories.   For more information, visit the company’s website at http://www.briggsandstratton.com .

 

This release contains certain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements. The words “anticipate”, “believe”, “estimate”, “expect”, “forecast”, “intend”, “may”, “objective”, “plan”, “project”, “seek”, “think”, “will”, and similar expressions are intended to identify forward-looking statements. The forward-looking statements are based on the Company’s current views and assumptions and involve risks and uncertainties that include, among other things, the ability to successfully forecast demand for our products and appropriately adjust our manufacturing and inventory levels; changes in our operating expenses; changes in interest rates; the effects of weather on the purchasing patterns of consumers and original equipment manufacturers (OEMs); actions of engine manufacturers and OEMs with whom we compete; the seasonal nature of our business; changes in laws and regulations, including environmental, tax, pension funding and accounting standards; work stoppages or other consequences of any deterioration in our employee relations; work stoppages by other unions that affect the ability of suppliers or customers to manufacture; acts of war or terrorism that may disrupt our business operations or those of our customers and suppliers; changes in customer and OEM demand; changes in prices of raw materials and parts that we purchase; changes in domestic economic conditions, including housing starts and changes in consumer disposable income; changes in foreign economic conditions, including currency rate fluctuations; our customer’s ability to successfully obtain financing; the actions of customers of our OEM customers; actions by potential acquirers of certain OEMs; the ability to successfully realize the maximum market value of acquired assets; new facts that come to light in the future course of litigation proceedings which could affect our assessment of those matters; and other factors that may be disclosed from time to time in our SEC filings or otherwise. Some or all of the factors may be beyond our control. We caution you that any forward-looking statement reflects only our belief at the time the statement is made. We undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made.

 

/CONTACT:  James E. Brenn, Senior Vice President and Chief Financial Officer, Briggs & Stratton Corporation, 414-259-5333/

 


 

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