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): April 27, 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 5. Other Events.
On April 27, 2000, Chorus Communications Group Ltd. announced that
at the Chorus annual meeting, the shareholders had: 1) re-elected
Lee Swanson to another term as Director of Chorus and 2) approved
the proposed Stock Incentive Plan. Additionally, the management
announced unaudited first quarter earnings for 2000 to be $0.16 per
share.
The Company also announced that it intends to apply to have its
stock listed on NASDAQ in the near future and that it continues to
pursue the stock buyback program it instituted in late 1999, having
repurchased less than 1% of the outstanding stock at this time.
Item 7. Financial Statements and Exhibits.
c. Exhibit 99 - Press Release dated April 27, 2000
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.
Date: April 27, 2000 /s/Howard G. Hopeman
Howard G. Hopeman
Executive Vice-President and Chief Financial Officer
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Exhibit 99
Press Release
Chorus Communications Group Holds Annual Shareholder Meeting
MADISON, Wis. -- (April 27, 2000)-- Chorus Communications Group, Ltd. held
its annual shareholder meeting at the Marriott Madison-West on Wednesday
April 26, 2000. Approximately 550 Chorus shareholders attended the meeting.
Shareholders re-elected Lee Swanson to another term as a Director of Chorus
and also adopted a proposed Stock Incentive Plan.
Chorus Communications Group's Chief Financial Officer, Howard Hopeman
announced that Chorus' earnings per share for the first quarter of calendar
year 2000 were $0.16 per share. That figure compares to $0.18 per share
earned in the first quarter of calendar year 1999. Both earnings figures are
unaudited. Additional details regarding those earnings will be included as
part of Chorus' regular release of quarterly financial statements.
During the course of the annual meeting, Chorus' Chief Executive Officer,
Dean W. Voeks also announced that Chorus intends to apply to have its stock
listed on NASDAQ in the near future. Exact details regarding the timing of
the application for listing have yet to be determined.
In addition, Mr. Voeks revealed that Chorus intends to continue to pursue the
stock buyback program it instituted late in 1999 and that to date Chorus had
repurchased less than 1% of the outstanding stock.
Chorus Communications Group Ltd., headquartered in Madison Wisconsin, was
formed in 1997. Local mergers and acquisitions have allowed CCGL to expand
offerings for a variety of telecommunications products and services. Local,
long-distance telephone service, computer and telephone business networks,
telephony equipment, directory publishing and high-speed Internet access are
offered under the Chorus Communications Group umbrella. Traded as CCGL:OB.
Except for the historical information contained herein, the matters discussed
in this announcement are forward-looking statements which involve risks and
uncertainties, including but not limited to economic, competitive,
governmental and technological factors affecting the Company's operations,
markets, products, services and prices and other factors discussed in the
Company's filings with the Securities and Exchange Commission. All trademarks
within are the properties of their respective manufacturers.
