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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) . . . . . . . January 5, 1996
GIANT GROUP, LTD.
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(Exact name of registrant as specified in its charter)
Delaware 1-4323 23-0622690
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(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification Number)
150 El Camino Drive, Suite 303
Beverly Hills, California 90212
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(Address of principal executive offices)
Registrant's telephone number, including area code . . . . . . . (310) 273-5678
Not applicable
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(Former name or former address, if changed since last report)
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Item 5. Other Events
On January 5, 1996, GIANT GROUP, LTD., a Delaware corporation (the
"Company"), purchased 408,000 shares of its common stock for an aggregate cost
of $4,100,400. Such shares were acquired in two blocks through unsolicited
privately negotiated transactions.
During the fourth quarter of 1995, the Company purchased in the open
market an aggregate of 56,900 shares of its common stock for an aggregate cost
of $443,715.
As of the close of business on January 5, 1996, the Company had
outstanding 4,605,912 shares of common stock. The Company may, from time to
time, acquire additional shares of its common stock in the open market or
through privately negotiated transactions.
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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: January 5, 1996 GIANT GROUP, LTD., a Delaware
corporation
by: CATHY WOOD
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Cathy Wood
Vice President and Chief
Financial Officer
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