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): March 14, 2000
CHORUS COMMUNICATIONS GROUP, LTD.
(Exact Name of Registrant as Specified in its Charter)
WISCONSIN
(State or Other Jurisdiction of Incorporation)
333-23435
(Commission File No.)
39-1880843
(IRS Employer ID No.)
8501 Excelsior Drive, Madison, Wisconsin 53717
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (608)828-2000
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INFORMATION TO BE INCLUDED IN THE REPORT:
Item 1. Changes in Control of Registrant.
None
Item 2. Acquisition or Disposition of Assets.
None
Item 3. Bankruptcy or Receivership.
None
Item 4. Change in Registrant's Certifying Accountant.
None
Item 5. Other Events.
The shareholders of record on March 1, 2000 were sent on or about
January 13, 2000 via mail correspondence concerning a first
quarter 2000 cash dividend, 1999 results of operations and the
date of the 2000 Annual Meeting.
Item 6. Resignation of Registrant's Directors.
None
Item 7. Financial Statements and Exhibits.
20 Shareholder correspondence dated March 15, 2000
Item 8. Change in Fiscal Year.
N/A
Item 9. Sales of Equity Securities Pursuant to Regulation S.
N/A
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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.
CHORUS COMMUNICATIONS GROUP, LTD.
(Registrant)
Date: March 14, 2000 /s/Howard G. Hopeman
Howard G. Hopeman
Executive Vice-President and Chief Financial Officer
Exhibit 20
SHAREHOLDER CORRESPONDENCE
CHORUS COMMUNICATIONS GROUP, LTD.
March 15, 2000
To Our Shareholders:
Chorus Communications Group, Ltd. has just completed a year of
refocusing, transition and learning. I would like to share a few
brief notes with you, but encourage you to read the Annual Report
which will go into greater detail. The Annual Report and proxy
material will be mailed to you later this month.
DIVIDENDS
I am pleased to announce the Board of Directors
declared a first quarter cash dividend of $.160 per
share, payable March 15, 2000, to shareholders of
record on March 1, 2000. Your check or deposit advice
for this dividend is enclosed.
1999 RESULTS
As you will read about in our Annual Report,
consolidated operating revenue was $47.6 million in
1999 as compared to $46.0 million in 1998.
Consolidated net income was $3.4 million in 1999 as
compared to $5.2 million in 1998. These are not
results I am pleased with nor are they what you are
accustomed to hearing about your Company's
performance. The challenges we faced in 1999, however,
helped position us for future success.
ANNUAL MEETING
The annual shareholder meeting of Chorus Communications
Group, Ltd. is scheduled for Wednesday, April 26, 2000.
Please consider attending our annual meeting. We will be
reviewing the Company's performance in more detail and providing
a glimpse into the Company's future plans. Looking forward to
seeing you there.
Thank you,
/s/Dean W. Voeks
Dean W. Voeks
Chief Executive Officer
Enclosures
