-----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, KWt/fx9NqHJD6Dm7qsFx3EZOIroCz/z4r+ks60vYXxhMVA2t8RKzpn5ZEpU1xdc0 MkCPIU7zqGlYyCAOuNcThw== 0000020388-96-000065.txt : 19961225 0000020388-96-000065.hdr.sgml : 19961225 ACCESSION NUMBER: 0000020388-96-000065 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19961224 ITEM INFORMATION: Other events FILED AS OF DATE: 19961224 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: CIT GROUP HOLDINGS INC /DE/ CENTRAL INDEX KEY: 0000020388 STANDARD INDUSTRIAL CLASSIFICATION: SHORT-TERM BUSINESS CREDIT INSTITUTIONS [6153] IRS NUMBER: 132994534 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01861 FILM NUMBER: 96685944 BUSINESS ADDRESS: STREET 1: 1211 AVE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2125361950 MAIL ADDRESS: STREET 1: 1211 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: CIT FINANCIAL CORP/OLD/ DATE OF NAME CHANGE: 19860512 8-K 1 SPECIAL DIVIDEND AND CAPITAL CONTRIBUTION 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 24, 1996 ----------------------- The CIT Group Holdings, Inc. ---------------------------- (Exact name of registrant as specified in its charter) Delaware I-1861 13-2994534 - ------------------------------------------------------------------------------- (state or other (Commission (IRS Employer jurisdiction of File Number Identification No.) incorporation 1211 Avenue of the Americas copy to: 650 CIT Drive New York, New York 10036 Livingston, New Jersey 07039 - ------------------------------------------------------------------------------- (Address of principal executive offices) Registrant's telephone number, including area code (212) 536-1211 ------------------- - ------------------------------------------------------------------------------- (Former name or former address, if changed since last report) Item 5. Other Events. On December 24, 1996, with the consent of the shareholders of The CIT Group Holdings, Inc. (the "Corporation"), The Dai-Ichi Kangyo Bank, Limited ("DKB") and CBC Holding (Delaware) Inc., a wholly owned subsidiary of The Chase Manhattan Corporation ("CBC" Holding), the Corporation paid a special dividend in the aggregate amount of $165 million to its shareholders. Each shareholder then immediately contributed an aggregate amount equal to the special dividend to the Corporation as additional paid in capital. Notwithstanding this special dividend and subsequent capital contribution, the Corporation intends to continue to follow a dividend policy requiring the payment of dividends by the Corporation equal to and not exceeding 30% of net operating earnings of the Corporation on a quarterly basis. 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 thereunto duly authorized. THE CIT GROUP HOLDINGS, INC. ------------------------------------- (Registrant) By /s/ Joseph M. Leone ------------------------------------- Joseph M. Leone Executive Vice President and Chief Financial Officer Dated: December 24, 1996 -----END PRIVACY-ENHANCED MESSAGE-----