8-K

 
                                   FORM 8-K

                      SECURITIES AND EXCHANGE COMMISSION

                            Washington, D.C.  20549


                            -----------------------

                Current Report Pursuant to Section 13 or 15(d)
                    of the Securities Exchange Act of 1934


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       Date of Report (Date of earliest event reported): October 24, 1996



                                 JOSTENS, INC.
            (Exact name of registrant as specified in its charter)



       MINNESOTA                     1-5064                41-0343440
(State of Incorporation)        (Commission File        (I.R.S. Employer
                                  File Number)         Identification No.)



            5501 NORMAN CENTER DRIVE, MINNEAPOLIS, MINNESOTA  55437
            (Address of principal executive offices)     (Zip Code)



Registrant's telephone number, including area code:(612) 830-3300

 
Item 8.  Change in Fiscal Year.  On October 24, 1996, the Board of Directors of
Jostens, Inc. (the "Registrant") authorized a change in the Registrant's fiscal
year from a June 30 year-end to a calendar year-end effective January 1, 1997,
provided all regulatory approvals are obtained. The Registrant intends to file a
Form 10-K for the six-month transition period beginning July 1, 1996 and ending
December 31, 1996.


Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.
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a.   Financial statements of businesses acquired.  Not applicable.
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b.   Pro forma financial information.  Not applicable.
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c.   Exhibits.
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                28.1      Press Release dated October 25, 1996.

 
                                   SIGNATURES
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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.


                              JOSTENS, INC.
                              (Registrant)



                              By: /s/ Robert C. Buhrmaster
                                  ________________________________
                                  Robert C. Buhrmaster
                                  President and Chief Executive


                            Dated:  October 31, 1996

 
                               INDEX TO EXHIBITS
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Exhibit   Page
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28.1      Press release dated October 25, 1996.

EX-28.1

 
Exhibit 28.1
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                          Letterhead of Jostens, Inc.

FOR IMMEDIATE RELEASE
RELEASE #5578-1096

               JOSTENS BOARD DECLARES 22-CENT QUARTERLY DIVIDEND,
                         AUTHORIZES FISCAL YEAR CHANGE

                       SHAREHOLDERS ELECT FOUR DIRECTORS

     MINNEAPOLIS, Oct. 25, 1996 -- Jostens Inc. (NYSE: JOS) said its board of
directors has declared a quarterly cash dividend of 22 cents per common share
payable Dec. 1 to shareholders of record at the close of business Nov. 15.  The
company has about 38.7 million shares outstanding.

     The board also authorized a change in the company's fiscal year from a June
30 year-end to a calendar year-end effective Jan. 1, 1997, provided all
regulatory approvals are obtained.  The company said the change would enable it
to better plan and manage its businesses.

     Thursday, Jostens shareholders elected four people to terms on the board of
directors.  Robert P. Jensen, chairman of the board, was elected to a one-year
term.  Elected to three-year terms were Lilyan H. Affinito, past vice chairman
of the Maxxam Group Inc.; Kendrick B. Melrose, chairman and CEO of The Toro
Company; and Richard A. Zona, vice chairman-finance of First Bank System Inc.

     Minneapolis-based Jostens is a leading provider of products and services
that help people recognize achievement and affiliation throughout their lives.
The company, whose products include yearbooks, class rings, graduation products,
school photography and business service and achievement awards, had fiscal 1996
sales of $695 million.
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