-----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, I9DgyMAdcVEovA7YPw2IMJ4BhkJa/deQjXdAevJ4Ow7GH4ODtTvbDan+xR7MTYuN efqZq2BRGGM9CeLk1eMXEg== 0000950123-03-013181.txt : 20031125 0000950123-03-013181.hdr.sgml : 20031125 20031125171519 ACCESSION NUMBER: 0000950123-03-013181 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20031120 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031125 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DOUBLECLICK INC CENTRAL INDEX KEY: 0001049480 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 133870996 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23709 FILM NUMBER: 031023895 BUSINESS ADDRESS: STREET 1: 450 W 33RD ST STREET 2: 16TH FL CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 2126830001 MAIL ADDRESS: STREET 1: 450 W 33RD ST STREET 2: 16TH FL CITY: NEW YORK STATE: NY ZIP: 10001 8-K 1 y91135ke8vk.txt FORM 8-K 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): November 25, 2003 (November 20, 2003) ------------- DOUBLECLICK INC. (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) DELAWARE (STATE OR OTHER JURISDICTION OF INCORPORATION) 000-23709 13-3870996 (COMMISSION FILE NUMBER) (I.R.S. EMPLOYER IDENTIFICATION NO.) 111 EIGHTH AVENUE, 10th FLOOR NEW YORK, NEW YORK 10011 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) (212) 683-0001 (REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE) 450 WEST 33rd STREET NEW YORK, NEW YORK 10001 (FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT) ------------------------------------------------- Item 5. Other Events and Regulation FD Disclosure. On November 20, 2003, DoubleClick Inc. issued a press release announcing that its Board of Directors has authorized the repurchase of up to $100 million of DoubleClick's common stock from time to time on the open market or in privately negotiated transactions. A copy of the press release is attached as Exhibit 99.1 hereto. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits -------- 99.1 Press Release dated November 20, 2003. 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. DOUBLECLICK INC. ---------------------------------------- (Registrant) By: /s/ Bruce Dalziel ----------------------------------- Name: Bruce Dalziel Title: Chief Financial Officer Dated: November 25, 2003 EXHIBIT EXHIBIT INDEX - ------- ------------- 99.1 Press Release dated November 20, 2003. EX-99.1 3 y91135kexv99w1.txt PRESS RELEASE Exhibit 99.1 FOR IMMEDIATE RELEASE CONTACT: Jennifer Blum Corporate Communications 212.381.5705 jblum@doubleclick.net DOUBLECLICK INC. ANNOUNCES STOCK REPURCHASE PROGRAM NEW YORK, November 20, 2003 -- DoubleClick Inc. (NASDAQ: DCLK) today announced that its Board of Directors has authorized the repurchase of up to $100 million of DoubleClick's common stock from time to time on the open market or in privately negotiated transactions. "At current levels, we believe that DoubleClick's stock represents an attractive investment opportunity," stated Kevin Ryan, Chief Executive Officer, DoubleClick Inc. "This action reflects our ongoing commitment to improving the investment value of our stock." The timing and amount of any shares repurchased will be determined by DoubleClick's management based on its evaluation of market conditions and other factors. The repurchase program may be suspended or discontinued at anytime. Any repurchased shares will be available for use in connection with its stock plans and for other corporate purposes. The repurchase program will be funded using DoubleClick's cash and marketable securities, which totaled $662 million at the end of the third quarter. DoubleClick had approximately 137.6 million shares of common stock outstanding as of November 13, 2003. About DoubleClick Inc. DoubleClick is the leading provider of tools for advertisers, direct marketers and web publishers to plan, execute and analyze their marketing programs. DoubleClick's online advertising, email marketing and database marketing solutions help clients yield the highest return on their marketing dollar. In addition, the company's marketing analytics tools help clients measure performance within and across channels. DoubleClick Inc. has global headquarters in New York City and maintains 22 offices around the world. # # # Note: This press release includes forward-looking statements and the results or events predicted in these statements may vary materially from actual future events or results. Factors that could cause actual events or results to differ from anticipated events or results include: lack of growth or decline in online advertising or marketing, intense competition in DoubleClick's industry, failure to manage the integration of acquired companies, changes in government regulation, failure to successfully manage DoubleClick's international operations and other risks that are contained in documents which DoubleClick files from time to time with the Securities and Exchange Commission, including DoubleClick's most recent reports on Form 10-K and Form 10-Q. -----END PRIVACY-ENHANCED MESSAGE-----