-----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, UuwcLQ2eCJ1Rn3z2O4EGXNHXJz6se6U63zqciuCCbvC7CB1V7RTGP4WxErJ6kCPq yHP18aJWp9cuhFjKjXiU3Q== 0000215419-98-000015.txt : 19981105 0000215419-98-000015.hdr.sgml : 19981105 ACCESSION NUMBER: 0000215419-98-000015 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19981026 ITEM INFORMATION: FILED AS OF DATE: 19981104 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHECKPOINT SYSTEMS INC CENTRAL INDEX KEY: 0000215419 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 221895850 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-11257 FILM NUMBER: 98737589 BUSINESS ADDRESS: STREET 1: 101 WOLF DR STREET 2: P O 188 CITY: THOROFARE STATE: NJ ZIP: 08086 BUSINESS PHONE: 6096481800 8-K 1 FORM 8-K NOVEMBER 1998 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): October 26, 1998 CHECKPOINT SYSTEMS, INC. ----------------------------------------------------------------- (Exact Name of Registrant as Specified in Its Charter) Pennsylvania ----------------------------------------------------------------- (State or Other Jurisdiction of Incorporation) 1-11257 22-1895850 ------------------------- -------------------------------------- (Commission File Number) (I.R.S. Employer Identification Number) 101 Wolf Drive, Thorofare, New Jersey 08086 ------------------------------------------------------------ (Address of Principal Executive Offices (Zip Code) 609-848-1800 ---------------------------------------------------- (Registrant's Telephone Number, Including Area Code) ------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) ITEM 5. OTHER EVENTS On October 26, 1998, the Registrant issued a press release announcing that its board of directors authorized up to $20 million to repurchase additional outstanding common stock. The stock will be repurchased in the open market or in other transactions pursuant to SEC Rule 10b-18. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (a) Financial Statements - None (b) Pro forma Financial Information - None (c) Exhibits 99.1 -- Press Release issued October 26, 1998 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 hereunto duly authorized. CHECKPOINT SYSTEMS, INC. Dated: November 4, 1998 /s/Jeffrey A. Reinhold Vice President - Finance, Chief Financial Officer and Treasurer -2- EXHIBIT INDEX ----------------------- EXHIBIT NO. DESCRIPTION OF EXHIBITS - ----------- --------------------------------------- 99.1 Press Release issued October 26, 1998 -3- EX-99 2 Exhibit 99.1 CONTACT: Checkpoint Systems, Inc. Jeffrey A. Reinhold Chief Financial Officer (609) 848-1800 Investor Relations: Donna Stein, Cindy Reid, Valerie Carmello Morgan-Walke Associates, Inc. (212) 850-5600 Press Contacts: Jeff Siegel/Claudia Moscarella Morgan-Walke Associates, Inc. (212) 850-5600 CHECKPOINT SYSTEMS ANNOUNCES STOCK REPURCHASE PROGRAM THOROFARE, NJ, October 26, 1998 - Checkpoint Systems, Inc. (NYSE:CKP) today announced that its Board of Directors has authorized up to $20 million to repurchase additionaloutstanding Common Shares. The timing of repurchases and number of shares actually purchased will depend on a variety of factors including price and other market conditions. This authorization follows the completion of the April, 1997 authorization to purchase up to 10% of the outstanding Common Shares of the Company's stock. Checkpoint currently has approximately 32.0 million basic shares outstanding. Kevin P. Dowd, President and Chief Executive Officer, commented, "Our decision to continue our stock repurchase demonstrates confidence in the value of our business, as well as representing an excellent long-term investment for Checkpoint." Checkpoint Systems, Inc., located in Thorofare, New Jersey, is a leading provider of integrated security solutions to retailers. More than 350,000 Checkpoint RF EAS systems are installed worldwide. Checkpoint Systems, Inc.'s website is located at www.checkpointsystems.com. Safe Harbor Statement This presentation may include information that could constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements may involve risk and uncertainties that could cause actual results to differ materially from any future results encompassed within the forward-looking statements. Factors that could cause or contribute to such differences include those matters disclosed in the Company's Security and Exchange Commission filings. # # # -----END PRIVACY-ENHANCED MESSAGE-----