-----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, D6jeI2ABS3xQLIZiHreypyBOjWky427sheQS6JWJegAnDo5PFq4ohrjz8PBxmPxd 1S1y+L4GSZdJBi8XlebRUw== 0000074778-97-000035.txt : 19971218 0000074778-97-000035.hdr.sgml : 19971218 ACCESSION NUMBER: 0000074778-97-000035 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19971217 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19971217 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: ORANGE & ROCKLAND UTILITIES INC CENTRAL INDEX KEY: 0000074778 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 131727729 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-04315 FILM NUMBER: 97739684 BUSINESS ADDRESS: STREET 1: ONE BLUE HILL PLZ CITY: PEARL RIVER STATE: NY ZIP: 10965 BUSINESS PHONE: 9143526000 MAIL ADDRESS: STREET 1: ONE BLUE HILL PLAZA CITY: PEARL RIVER STATE: NY ZIP: 10965 FORMER COMPANY: FORMER CONFORMED NAME: ROCKLAND LIGHT & POWER CO DATE OF NAME CHANGE: 19681202 8-K 1 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 17, 1997 ORANGE AND ROCKLAND UTILITIES, INC. (Exact name of Registrant as specified in its charter) Incorporated in New York 1-4315 13-1727729 (State or Other (Commission (IRS Employer Jurisdiction of File Number) Identification Incorporation) Number) One Blue Hill Plaza, Pearl River, New York 10965 (Address of principal executive offices) (zip code) Registrant's telephone number, including area code: (914) 352-6000 Items 1. - 4. Not Applicable. Item 5. Other Events On December 17, 1997, the Company issued the press release filed herewith as Exhibit 99.11. Item 6. Not Applicable. Item 7. Financial Statements and Exhibits Exhibit 99.11 - Press Release of the Company dated December 17, 1997. Item 8. Not Applicable. 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. ORANGE AND ROCKLAND UTILITIES, INC. By: /s/John T. Finnegan John T. Finnegan Assistant Treasurer Dated: December 17, 1997 EXHIBIT INDEX Page Exhibit 99.11 Press Release of the Company dated December 17, 1997. EX-99.11 2 914-577-2430 Contact: Michael Donovan PSC APPROVES O&R STOCK REPURCHASE PLAN REQUEST PEARL RIVER, NY December 17, 1997 --- The New York State Public Service Commission today approved Orange and Rockland Utilities, Inc.'s program for the repurchase of up to 700,000 shares of the Company's outstanding common stock and the issuance of up to $25 million of unsecured debt to finance the purchases. The program will enable the Company to repurchase stock from time to time through December 31, 1999 in the open market or through privately negotiated transactions. The timing and extent of the stock repurchased will depend upon financial market conditions. The stock repurchase program is designed to enhance shareholder value and further solidify the Company's financial and operational strength in the emerging marketplace. Orange and Rockland Utilities, Inc., whose 21,000 investors own approximately 13.7 million shares of stock, is an investor-owned utility serving 266,000 electric customers and 113,000 natural gas customers in a 1,350 square-mile region with a population of approximately 676,000 people in southeastern New York State as well as adjacent sections of northern New Jersey and northeastern Pennsylvania. -----END PRIVACY-ENHANCED MESSAGE-----