-----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, KrISX51NyjKefAnpLz2ShCVHsU27/a7ddNDICxP1QmwD0gZE9+TS9CAp1E72Wxci CfTLwY+dqPMLoAdZYbFVLQ== 0000950131-00-000100.txt : 20000202 0000950131-00-000100.hdr.sgml : 20000202 ACCESSION NUMBER: 0000950131-00-000100 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000106 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000110 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PAPA JOHNS INTERNATIONAL INC CENTRAL INDEX KEY: 0000901491 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 611203323 STATE OF INCORPORATION: DE FISCAL YEAR END: 1227 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-21660 FILM NUMBER: 504495 BUSINESS ADDRESS: STREET 1: 2002 PAPA JOHNS BOULEVARD CITY: LOUISVILLE STATE: KY ZIP: 40299-2334 BUSINESS PHONE: 5022617272 MAIL ADDRESS: STREET 1: P O BOX 99900 CITY: LOUISVILLE STATE: KY ZIP: 40269-9990 8-K 1 FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): January 6, 2000 PAPA JOHN'S INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Delaware 61-1203323 (State or other jurisdiction of (I.R.S. Employer identification incorporation or organization) number) 2002 Papa John's Boulevard Louisville, Kentucky 40299-2334 (Address of principal executive offices) (502) 261-7272 (Registrant's telephone number, including area code) Item 5. Other Events On January 6, 2000, Papa John's International, Inc. announced that its Board of Directors has approved an increase to $100 million in the amount of the company's common stock which may be repurchased from time to time through December 31, 2000. The company also announced that it had nearly completed the initial $50 million in common stock repurchases authorized by its Board on December 9, 1999. This summary of the attached press release is qualified in its entirety by the complete text of such document, a copy of which is attached hereto as Exhibit 99.1. Item 7. Financial Statements and Exhibits (c) Exhibits 99.1 Press Release dated January 6, 2000. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant had duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. PAPA JOHN'S INTERNATIONAL, INC. ------------------------------- (Registrant) Date: January 10, 2000 /s/ E. Drucilla Milby --------------------- E. Drucilla Milby Senior Vice President, Chief Financial Officer and Treasurer Exhibit Index Exhibit No. 99.1 Press Release dated January 6, 2000 EX-99.1 2 PRESS RELEASE Exhibit 99.1 FOR IMMEDIATE RELEASE - --------------------- For more information, contact: Dru Milby Chief Financial Officer and Treasurer Papa John's International, Inc. (502) 261-4942 Papa John's Increases Stock Repurchase Authorization to $100 Million Louisville, KY (January 6, 2000) - Papa John's International, Inc. (NASDAQ: PZZA) today announced that its Board of Directors has approved an increase to $100 million in the amount of the company's common stock which may be repurchased from time to time through December 31, 2000. The authorization includes both open market purchases as well as private transactions. The company announced that it had nearly completed the initial $50 million in common stock repurchases authorized by its Board on December 9, 1999. After such repurchases, the company currently has approximately 29.3 million shares of common stock outstanding on a fully diluted basis. "We continue to believe that investing in the company's common stock at current prices represents an attractive use of capital," said John Schnatter, Papa John's Founder and Chief Executive Officer. "The company's strong balance sheet and operating cash flow allow us to continue our stock buyback program while maintaining our future growth plans." At January 5, 2000, there were 2,276 Papa John's restaurants (590 company- owned and 1,686 franchised) operating in 47 states and five international markets. Papa John's also owns or franchises 206 Perfect Pizza restaurants (15 company-owned and 191 franchised) in the United Kingdom. For more information about the company, visit Papa John's at www.papajohns.com. -----END PRIVACY-ENHANCED MESSAGE-----