-----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, AFfmOzjKSaEyZjiRHfvKkd/Z/97uNYhMU2P+yEjsEJV0O+CfLMmFdRMDKDxXB/jf 5AvoDIgVpuFdNDc3o9dcFw== 0000909518-98-000413.txt : 19980617 0000909518-98-000413.hdr.sgml : 19980617 ACCESSION NUMBER: 0000909518-98-000413 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980605 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980616 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: BERG ELECTRONICS CORP /DE/ CENTRAL INDEX KEY: 0000904900 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC CONNECTORS [3678] IRS NUMBER: 752451903 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-13761 FILM NUMBER: 98649386 BUSINESS ADDRESS: STREET 1: 101 S HANLEY RD CITY: ST LOUIS STATE: MO ZIP: 63105 BUSINESS PHONE: 3147261323 MAIL ADDRESS: STREET 1: 101 S HANLEY RD STREET 2: STE 400 CITY: ST LOUIS STATE: MO ZIP: 63105 FORMER COMPANY: FORMER CONFORMED NAME: BERG ELECTRONICS CORP /DE/ DATE OF NAME CHANGE: 19951120 8-K 1 STOCK REPURCHASE 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): June 5, 1998 BERG ELECTRONICS CORP. (Exact name of Registrant as specified in charter) Delaware 1-14080 75-2451903 (State or other jurisdiction (Commission File Number) (I.R.S. Employer of incorporation) Identification No.) 101 South Hanley Road 63105 St. Louis, Missouri (Zip code) (Address of principal executive offices) Registrant's telephone number, including area code: (314) 726-1323 ----------------------- 1 ITEM 5. Other Events. On June 5, 1998, Berg Electronics Corp., a Delaware corporation (the "Company"), issued a press release announcing its adoption of a stock repurchase program enabling the Company to repurchase up to $50 million in aggregate value of the Company's outstanding shares of Common Stock in open market and/or privately negotiated transactions. ITEM 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits. Exhibit 99.1 - Press Release, dated June 5, 1998, announcing adoption of stock repurchase program. 2 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. BERG ELECTRONICS CORP. (Registrant) Date: June 16, 1998 By: /s/ Joseph S. Catanzaro ----------------------------------------------- Joseph S. Catanzaro Chief Accounting Officer 3 EXHIBIT INDEX Exhibit 99.1 - Press Release, dated June 5, 1998, announcing adoption of stock repurchase program. EX-99.1 2 PRESS RELEASE EXHIBIT 99.1 PRESS RELEASE BERG ELECTRONICS Corporate Headquarters 101 S. Hanley Road St. Louis, MO 63105 CONTACT: Gary D. Strong Director Investor Relations (314) 746-2235 For Immediate Release Friday, June 5, 1998 BERG ELECTRONICS ANNOUNCES STOCK REPURCHASE PROGRAM St. Louis, June 5, 1998 -- Berg Electronics Corp. (NYSE:BEI) today announced that its Board of Directors has authorized a stock repurchase program enabling the company to repurchase up to $50 million in aggregate value of the company's outstanding common stock. Purchases of common stock by the company may be made in the open market and/or through privately negotiated transactions at prevailing market prices depending on market conditions. "At current price levels we believe Berg Electronics stock represents an attractive investment opportunity. Such a stock repurchase program is expected to increase earnings per share and enhance financial flexibility," said James N. Mills, Chairman and Chief Executive Officer. "The repurchased stock will become treasury shares, available for general corporate purposes." The company currently has 41,533,778 shares of common stock outstanding. Berg Electronics Corp. is one of the largest suppliers of connector, socket and cable assembly products in the world with 1997 sales of $785 million. Berg is one of only four interconnect companies able to serve the electronic connector needs of multinational OEMs and their contract manufacturers on a global basis. The company's broad range of products serve the high-end data processing, personal computing, all segments of telecommunications, as well as the industrial and instrumentation markets. Headquartered in St. Louis, Missouri, Berg Electronics employs more than 7,000 people worldwide at 23 manufacturing and research facilities, which are strategically located in the United States, the Netherlands, 1 France, Ireland, Sweden, the United Kingdom, Japan, Taiwan, Singapore, China, Korea, Mexico and India. The company's stock trades on the New York Stock Exchange under the symbol "BEI." # # # 2 -----END PRIVACY-ENHANCED MESSAGE-----