-----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, H8PjYhYWdcIE/SaRizThUaOXmOS3Vmlq11XMEbcM0wbg07DVzE0LNUg2ckckRO4f 7Ta+sG9A9AMYP7LAASHrlQ== 0000912057-00-000640.txt : 20000202 0000912057-00-000640.hdr.sgml : 20000202 ACCESSION NUMBER: 0000912057-00-000640 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19991116 FILED AS OF DATE: 20000110 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTERTAPE POLYMER GROUP INC CENTRAL INDEX KEY: 0000880224 STANDARD INDUSTRIAL CLASSIFICATION: CONVERTED PAPER & PAPERBOARD PRODS (NO CONTAINERS/BOXES) [2670] IRS NUMBER: 000000000 STATE OF INCORPORATION: A8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: SEC FILE NUMBER: 001-10928 FILM NUMBER: 503898 BUSINESS ADDRESS: STREET 1: 110E MONTEE DE LIESSE STREET 2: ST LAURENT CITY: QUEBEC H4T 1N4 CANAD STATE: A8 BUSINESS PHONE: 5147310731 MAIL ADDRESS: STREET 1: 110 E MONTEE LIESSE CITY: ST LAURENT STATE: A8 ZIP: 00000 6-K 1 FORM 6-K -- 2 PAGES November 16, 1999 NYSE SYMBOL: ITP T.S.E. SYMBOL: ITP INTERTAPE POLYMER GROUP INC. ANNOUNCES STOCK REPURCHASE PROGRAM Montreal, Quebec, Canada, November 16, 1999 -- Intertape Polymer Group Inc. (NYSE & TSE: ITP) announced today that its Board of Directors authorized to repurchase some of its common shares outstanding on the Toronto Stock Exchange (TSE) and the New York Stock Exchange (NYSE), beginning November 17, 1999. The normal course issuer bid is subject to regulatory approval. Under the bid, the Corporation may purchase for cancellation up to 1,419,738 shares. Intertape currently has 28,394,767 common shares presently outstanding, and therefore this would represent approximately 5% of today's outstanding shares. These purchases shall be made in accordance with applicable regulations over a maximum period of 12 months beginning on November 17, 1999 and ending on November 16, 2000. The Corporation has not made a normal course issuer bid within the past 12 months. Melbourne F. Yull, Intertape's Chairman and Chief Executive Officer stated: "We believe that the purchase by the Corporation of its own shares may, in appropriate circumstances, be a responsible investment of funds on hand. Depending on market conditions, any purchases made will be made on that basis." Intertape Polymer Group Inc. develops, manufacturers and markets a wide variety of specialized polyolefin plastic and paper based packaging products and systems for industrial uses. The Company is based in Montreal, Quebec and Sarasota, Florida with manufacturing facilities in seventeen North American and European locations. 2/... /2... FOR FURTHER INFORMATION CONTACT: Melbourne F. Yull Chairman and Chief Executive Officer Intertape Polymer Group Inc. Tel: (514) 731-0731 E-mail: itp$info@intertapeipg.com Web: www.intertapepolymer.com EXCEPT FOR HISTORICAL INFORMATION CONTAINED HEREIN, STATEMENTS IN THE RELEASE ARE FORWARD-LOOKING STATEMENTS THAT ARE MADE PURSUANT TO THE SAFE HARBOR PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS AND UNCERTAINTIES, WHICH MAY CAUSE THE COMPANY'S ACTUAL RESULTS IN FUTURE PERIODS TO DIFFER MATERIALLY FROM FORECASTED RESULTS. THOSE RISKS INCLUDE, BUT ARE NOT LIMITED TO, RISKS ASSOCIATED WITH PRICING, VOLUME AND CONDITIONS OF MARKETS. THOSE AND OTHER RISKS ARE DESCRIBED IN THE COMPANY'S FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION (SEC) OVER THE LAST TWELVE MONTHS, COPIES OF WHICH ARE AVAILABLE FROM THE SEC OR MAY BE OBTAINED UPON REQUEST FROM THE COMPANY. -----END PRIVACY-ENHANCED MESSAGE-----