-----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, Jirrr9X3BcHhnJtwRGVfbdop8IxxjNLPSg4fr8cLXn3KnB26N+gQSjiTr5wEfu6P OUtXifqTX7rwuAntzyRoeg== /in/edgar/work/0000093556-00-000009/0000093556-00-000009.txt : 20000713 0000093556-00-000009.hdr.sgml : 20000713 ACCESSION NUMBER: 0000093556-00-000009 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20000711 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000712 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STANLEY WORKS CENTRAL INDEX KEY: 0000093556 STANDARD INDUSTRIAL CLASSIFICATION: [3420 ] IRS NUMBER: 060548860 STATE OF INCORPORATION: CT FISCAL YEAR END: 0102 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-05224 FILM NUMBER: 671483 BUSINESS ADDRESS: STREET 1: 1000 STANLEY DR STREET 2: P O BOX 7000 CITY: NEW BRITAIN STATE: CT ZIP: 06053 BUSINESS PHONE: 8062255111 MAIL ADDRESS: STREET 1: 1000 STANLEY DR CITY: NEW BRITAIN STATE: CT ZIP: 06053 8-K 1 0001.txt 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): July 11, 2000 -------------- The Stanley Works ----------------- (Exact name of registrant as specified in charter) Connecticut 1-5224 06-0548860 - --------------- ------------ ------------- (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 1000 Stanley Drive, New Britain, Connecticut 06053 - ------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code:(860) 225-5111 -------------- Not Applicable (Former name or former address, if changed since last report) Exhibit Index is located on Page 4 Page 1 of 7 Pages Item 5. Other Events. ------------ 1. On July 11, 2000 John G. Breen and John D. Opie were elected to the Registrant's Board of Directors. Attached as Exhibit 20(i) is a copy of the Registrant's Press Release dated July 12, 2000 announcing the election of the two new directors. 2. In a Press Release dated July 12, 2000 the Registrant announced a third quarter regular dividend of $.23 per share on the Registrant's common stock. Attached as Exhibit 20(ii) is a copy of the Registrant's Press Release. Item 7. Financial Statements and Exhibits. --------------------------------- (c) 20(i) Press Release dated July 12, 2000 announcing the election of John G. Breen and John D. Opie to the Board of Directors. 20(ii) Press Release dated July 12, 2000 announcing third quarter dividend on the company's common stock. Page 2 of 7 Pages 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, thereunto duly authorized. THE STANLEY WORKS Date: July 12, 2000 By: Jennifer O. Estabrook --------------------- Name: Jennifer O. Estabrook Title:Vice President, General Counsel and Secretary Page 3 of 7 Pages EXHIBIT INDEX Current Report on Form 8-K Dated July 11, 2000 Exhibit No. Page 20 (i) 5 20 (ii) 7 Page 4 of 7 Pages Exhibit 20 (i) FOR IMMEDIATE RELEASE THE STANLEY WORKS ADDS JOHN G. BREEN AND JOHN D. OPIE TO BOARD OF DIRECTORS New Britain, Connecticut, July 12, 2000 ... The Board of Directors of The Stanley Works (NYSE: "SWK") announced the election of two new members. John G. Breen, former Chairman and Chief Executive Officer of The Sherwin-Williams Company and John D. Opie, former Vice Chairman of the Board and Executive Officer of General Electric Company, were elected to Stanley's Board. Mr. Breen joined Sherwin-Williams in 1979 and led the company to 22 consecutive years of earnings improvement, during which time his company's market value increased 41 times from $108 million to over $4 billion. John M. Trani, Chairman and Chief Executive Officer of The Stanley Works, stated: "Jack Breen has a complete knowledge of the markets, customers and end users we serve. His experience with mass merchandisers and home improvement centers is extensive and will add great value to our efforts to grow our business." Mr. Opie began a 39-year career with General Electric in 1961. After numerous sales, manufacturing and marketing assignments, his appointments included the top management position in five different operating units. Mr. Opie served as President and CEO of GE Lighting from 1986 to 1995 and was promoted to the position of Vice Chairman of the General Electric Company. He retired in April. Mr. Trani commented: "John Opie brings an absolute wealth of business experience to Stanley. His counsel will be invaluable to me and the other Board members as Stanley embarks upon extending its distribution reach." The Stanley Works, an S&P 500 company, is a worldwide supplier of tools, hardware and doors for professional, industrial and consumer use. Page 5 of 7 Pages Investor Gerard J. Gould Media Vance N. Meyer Contact: Vice President, Investor Relations Contact: Director, Communications - -------- -------- (860) 827-3833 office & Public Affairs (860) 658-2718 home (860) 827-3871 office ggould@stanleyworks.com (203) 795-0581 home The Stanley Works corporate press releases are available on the company's corporate web site at http://www.stanleyworks.com. Click on "Investor Relations" and then on "News Releases." Page 6 of 7 Pages Exhibit 20 (ii) FOR IMMEDIATE RELEASE THE STANLEY WORKS ANNOUNCES 33RD CONSECUTIVE ANNUAL DIVIDEND INCREASE Company Increases Dividend Payment By 4.5% New Britain, Connecticut, July 12, 2000 ... The Stanley Works (NYSE: "SWK") announced today that its Board of Directors approved a third quarter regular dividend of $.23 per share on the company's common stock. The dividend is payable on Tuesday, September 26, 2000 to shareowners of record on Tuesday, September 5, 2000. This represents a 4.5% increase in the dividend rate and extends the company's records for the longest consecutive annual and quarterly dividend payments among industrial companies listed on the New York Stock Exchange. This is the 33rd consecutive year in which Stanley has increased the annual dividend payment to shareowners. John M. Trani, Chairman and Chief Executive Officer, said: "Our strong cash flow has enabled us to once again increase dividends to our shareowners. In addition, we are supplementing the dividend with the repurchase of shares of our common stock and have repurchased over 3 million shares in the first half of this year. Our current repurchase program of up to 10 million shares gives us the flexibility to continue to use this avenue to enhance shareowner value." The Stanley Works, an S&P 500 company, is a worldwide supplier of tools, hardware and doors for professional, industrial and consumer use. Investor Gerard J. Gould Media Vance N. Meyer Contact: Vice President, Investor Relations Contact: Director, Communications - -------- -------- (860) 827-3833 office & Public Affairs (860) 658-2718 (860) 827-3871 office ggould@stanleyworks.com (203) 795-0581 home The Stanley Works corporate press releases are available on the company's corporate web site at http://www.stanleyworks.com. Click on "Investor Relations" and then on "News Releases." Page 7 of 7 Pages -----END PRIVACY-ENHANCED MESSAGE-----