SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
January 14, 1998
(Date of Report, date of earliest event reported)
VALHI, INC.
(Exact name of Registrant as specified in its charter)
Delaware 1-5467 87-011015
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) No.)
5430 LBJ Freeway, Suite 1700, Dallas, TX 75240-2697
(Address of principal executive offices) (Zip Code)
(972) 233-1700
(Registrant's telephone number, including area code)
(Former name or address, if changed since last report)
Item 5: Other Events
On January 14, 1998, the registrant, Valhi, Inc., issued the press release
attached hereto as Exhibit 99.1, which is incorporated herein by reference.
Item 7: Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibit
Item No. Exhibit Index
---------- ------------------------------------------
99.1 Press release dated January 14, 1998 issued by Valhi,
Inc.
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.
VALHI, INC.
(Registrant)
By: /s/ Steven L. Watson
-----------------------------
Steven L. Watson
Vice President & Secretary
Date: January 14, 1998
PRESS RELEASE
FOR IMMEDIATE RELEASE: CONTACT:
VALHI, INC. STEVEN L.
THREE LINCOLN CENTRE WATSON
5430 LBJ FREEWAY , VICE
SUITE 1700 PRESIDENT
DALLAS, TEXAS 75240- (972) 233-
2697 1700
(972) 233-1700
VALHI ANNOUNCES STOCK PURCHASE PLAN
Dallas, Texas...January 14, 1998...Valhi, Inc. (NYSE: VHI) announced today
that its board of directors has authorized the purchase of up to 2,000,000
shares of its common stock in open market transactions, including block
purchases, or in privately negotiated transactions. Such shares represent
approximately 2% of the Company's 114.7 million shares of common stock
outstanding. The stock may be purchased from time to time as the company's
financial condition and market conditions permit.
The purchase program does not include specific price targets or timetables
and may be suspended or terminated at any time. Valhi will use its cash on hand
to acquire the shares. The purchased shares will be added to Valhi's treasury
and will be used, as permitted, for general corporate purposes.
Valhi is primarily engaged in the chemicals, component products and waste
management industries.
