-----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, AY/nuHOSB8gfLE2jTMjfJKt3bgZIv1eqFg4QFXjbAF345KypKLctt2QlGV8CbViG Le7i1FVx+gURe6fvJsfLzA== 0000929624-98-001483.txt : 19980902 0000929624-98-001483.hdr.sgml : 19980902 ACCESSION NUMBER: 0000929624-98-001483 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980831 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980901 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTRAL GARDEN & PET COMPANY CENTRAL INDEX KEY: 0000887733 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MISCELLANEOUS NONDURABLE GOODS [5190] IRS NUMBER: 680275553 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-20242 FILM NUMBER: 98702408 BUSINESS ADDRESS: STREET 1: 3697 MT DIABLO BLVD SUITE 300 CITY: LAFAYETTE STATE: CA ZIP: 94549 BUSINESS PHONE: 5102834573 MAIL ADDRESS: STREET 2: 3697 MT DIABLO BLVD SUITE 310 CITY: LAFAYETTE STATE: CA ZIP: 94549 8-K 1 FORM 8-K SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________ FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OF 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported) AUGUST 31, 1998 ________________________________ CENTRAL GARDEN & PET COMPANY ________________________________________________________________________________ (Exact name of registrant as specified in its charter) DELAWARE 0-20242 68-0275553 ________________________________________________________________________________ (State or other jurisdiction (Commission File (IRS Employer of incorporation) Number) Identification No.) 3697 MT. DIABLO BOULEVARD, LAFAYETTE, CALIFORNIA 94549 ________________________________________________________________________________ (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (925) 283-4573 ______________________________ INAPPLICABLE ________________________________________________________________________________ (Former name or former address if changed since last report) Exhibit Index located on page 3 ITEM 5. OTHER EVENTS On August 31, 1998, Central Garden & Pet Company (the "Company") issued a press release announcing that the Company's Board of Directors has authorized the Company to spend up to $25 million to repurchase shares of its outstanding common stock. ITEM 7. FINANCIAL STATEMENT AND EXHIBITS (a) Not applicable (b) Not applicable (c) See attached Exhibit Index. 2 EXHIBIT INDEX Number Exhibit Page Number - ------ ------- ----------- 99.1 Press Release dated August 31, 1998. 5 3 SIGNATURES 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. CENTRAL GARDEN & PET COMPANY By: /s/ P. Gregory Reams ----------------------- P. Gregory Reams, Treasurer and Assistant Secretary Dated: August 31, 1998 4 EX-99.1 2 PRESS RELEASE DATED AUGUST 31, 1998 [LOGO OF CENTRAL GARDEN & PET] Corporate Office 3697 Mt. Diablo Blvd., Suite 310 Lafayette, CA 94549 (925) 283-4573 Fax (925) 283-4984 FOR IMMEDIATE RELEASE _____________________ Contacts: Gregory Reams Central Garden & Pet (925) 283-4573 Paul Verbinnen/Debbie Miller Sard Verbinnen & Co. (212) 687-8080 CENTAL GARDEN & PET ANNOUNCES SHARE REPURCHASE PROGRAM _________________________________ LAFAYETTE, CALIFORNIA, AUGUST 31, 1998 - Central Garden & Pet Company (NASDAQ:CENT), the nation's leading distributor of lawn and garden and pet supplies, announced today that the Company's Board of Directors has authorized the Company to spend up to $25 million to repurchase shares of its outstanding common stock. The Company's stock closed at $14 1/8 today and the Company has approximately 31 million shares outstanding. Purchases would be made through brokers and dealers in the public market or privately negotiated transactions with nonaffiliated stockholders. "We are committed to our growth strategy, and because of our strong financial position, the share repurchase program we are announcing today should not in any way inhibit our ability to execute our growth strategy or to aggressively pursue acquisition opportunities," said William E. Brown, Chairman and Chief Executive Officer. Brown continued, "We believe the price of our stock is currently undervalued, making our stock an attractive investment opportunity." Central Garden & Pet Company is the leading national distributor of lawn and garden and pet supply products. Central offers customers a wide array of value-added services designed to increase the sales and profitability of both manufacturers and retailers, including inventory management, advertising and promotional programs, in-store service and display building and sales program development. Central also offers lines of proprietary branded products which include Pennington/R/, Kaytee/R/, TFH/R/, Zodiac/R/, and Four Paws/R/ pet products, Island/R/ aquariums, Matthews/R/ redwood products and Grant's/R/ ant control products. -more- ________________________________________________________________________________ "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks are described in the Company's Securities and Exchange Commission filings. ### -----END PRIVACY-ENHANCED MESSAGE-----