-----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, Dy3GlzndHDy68wotsHW0gLfb10FasO9Q4DY+Z2mI8AfqSt7XxJENFkv3uoW4PlEB ostkZJ//oYBLc4d/cZgIIw== 0001047469-99-008376.txt : 19990305 0001047469-99-008376.hdr.sgml : 19990305 ACCESSION NUMBER: 0001047469-99-008376 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990303 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990304 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ACORN PRODUCTS INC CENTRAL INDEX KEY: 0001036713 STANDARD INDUSTRIAL CLASSIFICATION: CUTLERY, HANDTOOLS & GENERAL HARDWARE [3420] IRS NUMBER: 223265462 FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-22717 FILM NUMBER: 99556752 BUSINESS ADDRESS: STREET 1: 500 DUBLIN AVENUE CITY: COLUMBUS STATE: OH ZIP: 43216-1930 BUSINESS PHONE: 6142224400 MAIL ADDRESS: STREET 1: 500 DUBLIN AVENUE CITY: COLUMBUS STATE: OH ZIP: 43216-1930 8-K 1 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: MARCH 3, 1999 ----------------------- ACORN PRODUCTS, INC. (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) ----------------------- Delaware 0-22717 22-3265462 - ----------------- --------------------- ---------------------- (STATE OR OTHER (COMMISSION FILE NO.) (IRS EMPLOYER JURISDICTION OF IDENTIFICATION NUMBER) INCORPORATION OR ORGANIZATION) ----------------------- 500 Dublin Avenue Columbus, Ohio 43215 (614) 222-4400 (ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER INCLUDING AREA CODE OF REGISTRANT'S PRINCIPAL EXECUTIVE OFFICES) ----------------------- Not Applicable (FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT) ----------------------- ITEM 5. OTHER EVENTS. On March 3, 1999, Acorn Products, Inc., a Delaware corporation (the "Company"), issued a press release announcing that its Board of Directors has authorized a share repurchase program to permit the acquisition of up to $2.5 million of the Company's common stock during the next 12 months. The press release is included as Exhibit 99 to this Form 8-K and is incorporated herein by this reference. ITEM 7. EXHIBITS. (c) EXHIBITS.
EXHIBIT NO. DESCRIPTION 99 Press Release, dated March 3, 1999, entitled "Acorn Products, Inc. Announces 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. ACORN PRODUCTS, INC. Date: March 3, 1999 By: /s/J. Mitchell Dolloff ----------------------------------------- J. Mitchell Dolloff, Vice President and General Counsel -3- EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION 99 Press Release, dated March 3, 1999, entitled "Acorn Products, Inc. Announces Stock Repurchase Program."
-4- EX-99 2 EXHIBIT 99 EXHIBIT 99 FOR IMMEDIATE RELEASE For Additional Information Contact: J. Mitchell Dolloff Vice President and General Counsel (614) 222-4400 ACORN PRODUCTS, INC. ANNOUNCES STOCK REPURCHASE PROGRAM COLUMBUS, OHIO (March 3, 1999). Acorn Products, Inc. (NASDAQ: ACRN) today announced that its Board of Directors has authorized a share repurchase program to permit the acquisition of up to $2.5 million of the Company's common stock during the next 12 months. The purchases may be made from time to time on the open market or in privately negotiated transactions, depending upon market conditions. Purchases will be funded from cash flow from operations and the Company's existing credit facility. Acorn Products, Inc., through its operating subsidiary UnionTools, Inc., is a leading manufacturer and marketer of non-powered lawn and garden tools in the U.S. The Company's principal products include long handle tools (such as forks, hoes, rakes and shovels), snow tools, posthole diggers, wheelbarrows, striking tools, cutting tools and watering products. The Company sells its products under a variety of well-known brand names, including Razor-Back-Registered Trademark-, Union-Registered Trademark-, Yard 'n Garden-Registered Trademark-, Perfect Cut-Registered Trademark- and, pursuant to a license agreement, Scotts-Registered Trademark-. In addition, the Company manufactures private label products for a variety of retailers. The Company's customers include mass merchants, home centers, buying groups and farm and industrial suppliers. Razor-Back-Registered Trademark-, Union-Registered Trademark-, Yard 'n Garden-Registered Trademark- and Perfect Cut-Registered Trademark- are registered trademarks of the Company. Scotts-Registered Trademark- is a registered trademark of The Scotts Company. The statements contained herein that are not purely historical are forward looking statements within the meaning of the Securities Exchange Act of 1934, including statements regarding the Company's expectations, beliefs, hopes, intentions or strategies regarding the future. All forward looking statements contained herein are based upon information available to the Company as of the date hereof, and the Company assumes no obligation to update any such forward looking statements. Actual results could differ materially from the Company's current expectations. Factors that could cause or contribute to such differences include, but are not limited to, the factors and risks discussed in the Company's Annual Report on Form 10-K for the fiscal year ended July 31, 1998, the Company's Current Report on Form 8-K dated September 18, 1997, as amended on October 29,1998 and as may be amended from time to time, and the other reports filed from time to time by the Company with the Securities and Exchange Commission. ### -----END PRIVACY-ENHANCED MESSAGE-----