-----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, FPyRGNHg9lPGoRtmL9XQxS/6IKOVUV1YC2aT3Fms4QFoC76iKotXsR2NNEX0DBoa G+qDMrw8IzA7Nl7VCgGNQg== 0000928385-99-003729.txt : 19991231 0000928385-99-003729.hdr.sgml : 19991231 ACCESSION NUMBER: 0000928385-99-003729 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19991227 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19991230 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COMMERCIAL FEDERAL CORP CENTRAL INDEX KEY: 0000744778 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 470658852 STATE OF INCORPORATION: NE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-11515 FILM NUMBER: 99784164 BUSINESS ADDRESS: STREET 1: 2120 S 72ND ST CITY: OMAHA STATE: NE ZIP: 68124 BUSINESS PHONE: 4025549200 MAIL ADDRESS: STREET 1: COMMERCIAL FEDERAL TOWER 13TH FLOOR STREET 2: 2120 SOUTHJ72ND STREET CITY: OMAHA STATE: NE ZIP: 68124 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 (Date of earliest event reported): December 27, 1999 ----------------- COMMERCIAL FEDERAL CORPORATION - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) NEBRASKA 1-11515 47-0658852 - ----------------------------- ----------- ---------------------- (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification Number) 2120 SOUTH 72nd STREET, OMAHA, NEBRASKA 68124 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number including area code: (402) 554-9200 -------------- NOT APPLICABLE - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) 1 COMMERCIAL FEDERAL CORPORATION ------------------------------ FORM 8-K -------- CURRENT REPORT -------------- Item 5. Other Events: - ---------------------- On December 27, 1999, Commercial Federal Corporation ("Commercial Federal") announced that its Board of Directors authorized the repurchase of up to three million shares of its outstanding common stock during the next 18 months. Commercial Federal currently has 58,218,247 common shares outstanding. The repurchase of three million shares of Commercial Federal common stock announced April 29, 1999, will be completed by December 31, 1999. Repurchases could be made at any time and in any amount, depending upon market conditions and various other factors. Any repurchase generally would be on the open-market, although privately negotiated transactions are also possible. In compliance with Nebraska law, all repurchased shares will be cancelled. Information regarding this stock repurchase is set forth in Commercial Federal's press release dated December 27, 1999, attached hereto as Exhibit 99 and incorporated herein by reference. Item 7. Financial Statements and Exhibits: - ------------------------------------------- (a) Exhibits: Exhibit 99. Press release dated December 27, 1999. 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 thereunto duly authorized. COMMERCIAL FEDERAL CORPORATION ------------------------------ (Registrant) Date: December 29, 1999 /s/ James A. Laphen ----------------- -------------------- James A. Laphen, President, Chief Operating Officer and Chief Financial Officer (Duly Authorized and Principal Financial Officer) Date: December 29, 1999 /s/ Gary L. Matter ----------------- ------------------ Gary L. Matter, Senior Vice President, Controller and Secretary (Principal Accounting Officer) 3 EX-99 2 EXHIBIT 99 Exhibit 99 Press Release Dated December 27, 1999 Date: December 27, 1999 Contact: Larry R. Goddard Investor Relations Department (402) 390-6553 FOR IMMEDIATE RELEASE - --------------------- Omaha, Nebraska (December 27, 1999) - Commercial Federal Corporation (NYSE: CFB) announced today that its Board of Directors authorized the additional repurchase of up to 3 million shares of the Company's outstanding common stock during the next 18 months. Commercial Federal currently has 58,218,247 common shares outstanding. The repurchase of 3 million shares of the Company's outstanding common stock, announced in April 1999, will be completed this week. Repurchases could be made at any time and in any amount, depending upon market conditions and various other factors. Any repurchase generally would be on the open-market, although privately negotiated transactions are possible. In compliance with Nebraska law, all repurchased shares will be cancelled. "The repurchase of Commercial Federal shares continues to be an important component of our capital management," stated William A. Fitzgerald, chairman and chief executive officer. "The Company's stock is undervalued at its current price level and represents an attractive investment opportunity." Commercial Federal Corporation, with assets of $13.1 billion at September 30, 1999, is the holding company for Commercial Federal Bank, a federal savings bank that operates 259 retail offices in Iowa, Colorado, Nebraska, Kansas, Oklahoma, Missouri, Arizona, South Dakota, and Minnesota. Commercial Federal shares are traded on the New York Stock Exchange under the symbol "CFB." -----END PRIVACY-ENHANCED MESSAGE-----