-----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, LRYe5NncRxArpGoVuotpiLLm/KlsP/H4ppw9gWT2ARPL9DdLRM+1AU3TkG5y47ZK Tyy39iRT6L6+JlCr4p1vdg== 0001104659-04-031334.txt : 20041021 0001104659-04-031334.hdr.sgml : 20041021 20041021122425 ACCESSION NUMBER: 0001104659-04-031334 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 5 CONFORMED PERIOD OF REPORT: 20041021 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041021 DATE AS OF CHANGE: 20041021 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SUMMA INDUSTRIES/ CENTRAL INDEX KEY: 0000062262 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS PRODUCTS, NEC [3089] IRS NUMBER: 951240978 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07755 FILM NUMBER: 041089156 BUSINESS ADDRESS: STREET 1: 21250 HAWTHORNE BLVD STREET 2: STE 500 CITY: TORRANCE STATE: CA ZIP: 90503 BUSINESS PHONE: 9092733485 MAIL ADDRESS: STREET 1: 21250 HAWTHORNE BLVD STREET 2: STE 500 CITY: TORRANCE STATE: CA ZIP: 90503 FORMER COMPANY: FORMER CONFORMED NAME: SUMMA INDUSTRIES / DATE OF NAME CHANGE: 19960416 FORMER COMPANY: FORMER CONFORMED NAME: MOREHOUSE INDUSTRIES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: MAXAD INC DATE OF NAME CHANGE: 19740304 8-K 1 a04-11882_18k.htm 8-K

 

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):  October 21, 2004

 

Summa Industries

(Exact name of registrant as specified in its charter)

 

Delaware

 

1-7755

 

95-1240978

(State or other jurisdiction
of incorporation)

 

(Commission
file number)

 

(I.R.S. employer
identification number)

 

21250 Hawthorne Boulevard, Suite 500, Torrance, California 90503

(Address of principal executive offices, including zip code)

 

Registrant’s telephone number, including area code:  (310) 792-7024

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

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 October 21, 2004, the Company issued a news release reporting the declaration of a cash dividend by the Company’s Board of Directors.  Stockholders of record on November 29, 2004 shall be entitled to receive a cash dividend equal to $0.06 per share of the Company’s Common Stock, payable on or about December 10, 2004.  A copy of the news release is attached to this Current Report as Exhibit 99.1.

 

On October 21, 2004, the Company issued a news release reporting the adoption of a stock repurchase plan by the Company’s Board of Directors.  The stock repurchase plan directs the Company to repurchase shares of the Company’s outstanding Common Stock from time to time until repurchases under the plan aggregate $2,000,000.00.  A copy of the news release is attached to this Current Report as Exhibit 99.2.

 

The information in this Current Report, including the exhibit attached hereto, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, or otherwise subject to the liabilities of such section.  The information in this Current Report, including the exhibit attached hereto, shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended.

 

Item 9.01.                              Exhibits.

 

(c)           Exhibits.

 

Exhibit

 

Description

 

 

 

99.1

 

News Release of the Company Regarding Declaration of Cash Dividend

 

 

 

99.2

 

News Release of the Company Regarding Adoption of Stock Repurchase Plan

 

2



 

SIGNATURE

 

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.

 

 

SUMMA INDUSTRIES,

 

a Delaware corporation

 

 

 

 

 

 

Date: October 21, 2004

By:

/s/ James R. Swartwout

 

 

 

James R. Swartwout

 

 

President

 

3


EX-99.1 2 a04-11882_1ex99d1.htm EX-99.1

EXHIBIT 99.1

 

NEWS RELEASE

 

Torrance, California
October 21, 2004

 

SUMMA INDUSTRIES ANNOUNCES CASH DIVIDEND

 

Summa Industries (NasdaqNM: SUMX) announces that its Board of Directors has declared a cash dividend of $.06 per share on the Company’s common stock. The dividend is payable on or about December 10, 2004 to stockholders of record on November 29, 2004.

 

This is the first dividend the Company has declared in over 10 years.  The Board of Directors intends to again consider declaring a dividend in approximately one year.

 

Summa Industries manufactures proprietary plastic components for industrial and commercial markets.

 

Statements in this news release which relate to future plans, financial results or projections, events or performance are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and fall under the safe harbor.  These forward-looking statements include, but are not limited to, statements regarding future dividends.  Actual results could differ materially from those anticipated in the forward-looking statements as a result of a number of factors, including, but not limited to, the inability of the Company to pay dividends or the subsequent decision not to declare dividends and other risks and uncertainties described in detail under “Risk Factors” in Summa’s Annual Report on Form 10-K for the fiscal year ended August 31, 2003.

 

For further information, contact James R. Swartwout, (310) 792-7024; Fax (310) 792-7079; ir@summaindustries.com; www.summaindustries.com.

 


EX-99.2 3 a04-11882_1ex99d2.htm EX-99.2

EXHIBIT 99.2

 

NEWS RELEASE

 

Torrance, California
October 21, 2004

 

SUMMA INDUSTRIES ANNOUNCES NEW STOCK REPURCHASE PLAN

 

Summa Industries (NasdaqNM: SUMX) announces that its Board of Directors has approved a new plan to repurchase up to $2 million of its common stock (the “2005 Buy Back”) with no time limit.

 

The Company has completed several share buy-back programs in recent years, pursuant to which shares have been purchased in the open market and in private transactions.  Common stock repurchases totaled $450,000 in fiscal 2002, $2,038,000 in fiscal 2003 and $3,668,000 in fiscal 2004.

 

Summa Industries manufactures proprietary plastic components for industrial and commercial markets.

 

Statements in this news release which relate to future plans, financial results or projections, events or performance are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and fall under the safe harbor.  These forward-looking statements include, but are not limited to, statements regarding the future buy-back of the Company’s shares of common stock.  Actual results could differ materially from those anticipated in the forward-looking statements as a result of a number of factors, including but not limited to, the inability of the Company to make such repurchases or the subsequent decision not to complete the 2005 Buy Back on a timely basis, and other risks and uncertainties described in detail under “Risk Factors” in Summa’s Annual Report on Form 10-K for the fiscal year ended August 31, 2003.

 

For further information, contact James R. Swartwout, (310) 792-7024; Fax (310) 792-7079; ir@summaindustries.com; www.summaindustries.com.

 


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-----END PRIVACY-ENHANCED MESSAGE-----