<PAGE>
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) June 26, 2000
KULICKE AND SOFFA INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
PENNSYLVANIA 000-00121 23-1498399
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
2101 Blair Mill Road, Willow Grove, PA 19090
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code (215) 784-6000
<PAGE>
ITEM 5. OTHER EVENTS
On June 26, 2000, Kulicke and Soffa Industries, Inc. (the "Company")
announced that its Board of Directors approved a 2-for-1 stock split of its
common stock. Pursuant to the stock split, each shareholder of record at the
close of business on July 17, 2000 will be entitled to receive one additional
share for each common share held at the close of business on that date. These
additional shares will be distributed by the transfer agent on or about July 31,
2000.
In connection with the stock split and in accordance with applicable
Pennsylvania law, the Board of Directors also has approved an amendment to the
corporation's Articles of Incorporation increasing the number of authorized
shares of common stock from 100,000,000 to 200,000,000 in proportion to the 2-
for-1 split. Specifically, Article 5 of the Amended and Restated Articles of
Incorporation of the Company, will be amended to read in its entirety as
follows:
"5. The aggregate number of shares which the corporation shall have
authority to issue is 205,000,000 consisting of 200,000,000 shares of Common
Stock, without par value ("Common Stock"), and 5,000,000 shares of Preferred
Stock, without par value. The Board of Directors is authorized, subject to
limitations prescribed by law and the provisions of this Article 5, to provide
for the issuance of shares of Preferred Stock, including one or more series of
such stock, and to fix, from time to time by resolution, the number of shares to
be included in each such series, and the designations, preferences,
qualifications, limitations, restrictions, and special or relative rights of the
shares of each such series.
In connection with the Amendment reflecting the increased number of
authorized shares of Common Stock set forth in the preceding paragraph, there
shall be a 2-for-1 split (the "stock split") of the issued Common Stock, whether
outstanding or held as treasury stock (i.e. one new share of Common Stock to be
issued for each such issued share), distributable July 31, 2000 to shareholders
of record at the close of business on July 17, 2000. No fractional shares shall
be issued by the corporation in connection with the stock split, but the
corporation shall make appropriate arrangement for the payment of cash in lieu
of fractional shares, if any, which otherwise would be so issuable."
A copy of the press release announcing the stock split is filed as Exhibit
99.1 and incorporated in this report by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits.
Exhibit No. Description
----------- -----------
99.1 Press Release dated June 26, 2000
-2-
<PAGE>
SIGNATURE
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.
KULICKE AND SOFFA INDUSTRIES, INC.
Date: June 30, 2000 By: /s/ Robert F. Amweg
-------------------
Robert F. Amweg,
Vice President and Treasurer
-3-
<PAGE>
EXHIBIT INDEX
Exhibit No. Description
----------- -----------
99.1 Press Release dated June 26, 2000
-4-
