-----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, Q2prj7HePa0o/z1Pmc9xtaVTbGDbOjIljBK6QPlWQgMSgewHTDufoPeiX9dNakh6 elNS1/JRGfd4qgWoniq7uQ== 0000030697-03-000004.txt : 20030121 0000030697-03-000004.hdr.sgml : 20030120 20030121161110 ACCESSION NUMBER: 0000030697-03-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030121 ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030121 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRIARC COMPANIES INC CENTRAL INDEX KEY: 0000030697 STANDARD INDUSTRIAL CLASSIFICATION: PATENT OWNERS & LESSORS [6794] IRS NUMBER: 380471180 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-02207 FILM NUMBER: 03519651 BUSINESS ADDRESS: STREET 1: 280 PARK AVENUE STREET 2: 24TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 212-451-3000 MAIL ADDRESS: STREET 1: 280 PARK AVENUE STREET 2: 24TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: DWG CIGAR CORP DATE OF NAME CHANGE: 19680820 FORMER COMPANY: FORMER CONFORMED NAME: DEISEL WEMMER GILBERT CORP DATE OF NAME CHANGE: 19680820 FORMER COMPANY: FORMER CONFORMED NAME: DWG CORP DATE OF NAME CHANGE: 19920703 8-K 1 stockrep8k.txt TRIARC COMPANIES, INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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) January 21, 2003 TRIARC COMPANIES, INC. -------------------------------------------------- (Exact name of registrant as specified in its charter) DELAWARE 1-2207 38-0471180 ----------------- -------------- -------------- (State or other (Commission (I.R.S. Employer jurisdiction of File No.) Identification No.) incorporation of organization) 280 Park Avenue New York, NY 10017 ----------------------------- ----------------- (Address of principal executive office) (Zip Code) Registrant's telephone number, including area code: (212) 451-3000 ----------------------------------------- ---------------- (Former name or former address, (Zip Code) if changed since last report) Item 7. Exhibit (c) Exhibit 99.1 Press release dated January 21, 2003. Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on behalf by the undersigned hereunto duly authorized. TRIARC COMPANIES, INC. By:Stuart I. Rosen ___________________________ Stuart I. Rosen Senior Vice President and Secretary Dated: January 21, 2003 EXHIBIT INDEX Exhibit No. Description Page No. ----------- -------- 99.1 Press release dated January 21, 2003. EXHIBIT 99.1 For Immediate Release CONTACT: Anne A. Tarbell Triarc Companies, Inc. 212/451-3030 www.triarc.com TRIARC EXTENDS $50 MILLION STOCK REPURCHASE PROGRAM New York, NY, January 21, 2003 -- Triarc Companies, Inc. (NYSE: TRY) announced today that it has extended its current $50 million Class A Common Stock repurchase program until January 18, 2004 and replenished the amount available under the program to permit Triarc to purchase up to $50 million of Class A Common Stock on or after January 18, 2003. Under the existing program, Triarc has repurchased approximately 438,500 shares at an aggregate cost of approximately $10.5 million. The $10.5 million replenishment and 12 month extension will allow the Company to continue repurchasing Class A shares when and if market conditions warrant and to the extent legally permissible. Commenting on the share repurchase program, Nelson Peltz, Triarc's Chairman and Chief Executive Officer, said: "We continue to carefully evaluate our options for the use of Triarc's significant cash and investment position. The extension of our share repurchase program will allow us to repurchase additional Triarc shares going forward. Our goal is to create value for our shareholders." Over the last five years, Triarc has repurchased approximately $180 million of its stock, including approximately 2.6 million Class A Common Shares for approximately $51.1 million and all of the then outstanding approximately six million Class B Common Shares for approximately $127 million. Triarc currently has 20,391,770 shares of Class A Common Stock outstanding. Triarc is a holding company and through its subsidiaries, the franchisor of the Arby's(R) restaurant system and an operator of approximately 240 Arby's restaurants located in the United States. # # # Note to Follow Note 1. There can be no assurance that any share repurchases will be made in the future. -----END PRIVACY-ENHANCED MESSAGE-----