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):
JULY 25, 2000
STILWELL FINANCIAL INC.
(Exact name of company as specified in its charter)
DELAWARE 001-15253 43-1804048
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(State or other jurisdiction (Commission file (IRS Employer
of incorporation) number) Identification Number)
920 MAIN STREET, 21ST FLOOR, KANSAS CITY, MISSOURI 64105
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(Address of principal executive offices) (Zip Code)
COMPANY'S TELEPHONE NUMBER, INCLUDING AREA CODE:
(816) 218 - 2400
NOT APPLICABLE
(Former name or former address if changed since last report)
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ITEM 5. OTHER EVENTS
On July 25, 2000, Stilwell Financial Inc. ("Stilwell") issued a news release
concerning the announcement of a $1 billion stock repurchase program to be
completed over a period of two years. This news release is attached as an
Exhibit to this Form 8-K.
Additionally, Stilwell has adjusted the financial information included in a news
release that was filed in a Current Report on Form 8-K dated July 21, 2000 to
reflect a reclassification within the revenue component of the Statements of
Income for the three and six months ended June 30, 2000. Total revenues of
$563.0 and $1,108.1 million for the three and six months ended June 30, 2000,
respectively, do not change. The composition of the totals, however, should be
adjusted as follows:
<TABLE>
<CAPTION>
THREE MONTHS ENDED JUNE 30, 2000 SIX MONTHS ENDED JUNE 30, 2000
-------------------------------- ------------------------------
AS REPORTED AFTER RECLASSIFICATION AS REPORTED AFTER RECLASSIFICATION
----------- ---------------------- ----------- ----------------------
(IN MILLIONS)
<S> <C> <C> <C> <C>
Investment management fees $ 495.7 $ 462.7 $ 945.6 $ 912.6
Shareowner servicing fees 56.6 85.8 140.2 169.4
Other 10.7 14.5 22.3 26.1
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$ 563.0 $ 563.0 $ 1,108.1 $ 1,108.1
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</TABLE>
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
EXHIBIT NO. DOCUMENT
(99) Additional Exhibits
99.1 News release issued by Stilwell Financial Inc.
dated July 25, 2000 concerning the announcement
of a $1 billion stock repurchase program to be
completed over a period of two years, is attached
hereto as Exhibit 99.1
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company
has duly caused this Report to be signed on its behalf by the undersigned
hereunto duly authorized.
Stilwell Financial Inc.
DATE: JULY 26, 2000 BY: /S/ DOUGLAS E. NICKERSON
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Douglas E. Nickerson
Vice President and Controller
(Principal Accounting Officer)
