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 - August 6, 1998
(Date of Earliest Event Reported)
Carpenter Technology Corporation
(Exact Name of Registrant as specified in its charter)
Delaware 1-5828 23-0458500
(State of Incorporation) (Commission File No.) (IRS Employer I.D. No.)
101 West Bern Street, Reading Pennsylvania, 19601
(Address of principal executive offices)
Registrant's telephone number, including area code: (610) 208-2000
Item 5. Other Events.
On August 6, 1998, the Board of Directors of the Registrant approved a
stock repurchase program for up to 1,250,000 or 5 percent of the
outstanding shares of the Registrant's common stock. As of June 30, 1998,
the Registrant had approximately 22.8 million shares of common stock
outstanding.
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: August 21, 1998 CARPENTER TECHNOLOGY CORPORATION (Registrant)
By: /s/ John R. Welty
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John R. Welty
Vice President
General Counsel and Secretary