<PAGE> 1
Page one of five pages.
Exhibit Index is on Page four.
- --------------------------------------------------------------------------------
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): September 14, 1998
LAM RESEARCH CORPORATION
------------------------------------------------------
(Exact name of registrant as specified in its charter)
<TABLE>
<S> <C> <C>
DELAWARE 000-12933 94-2634797
-------- --------- ----------
(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
</TABLE>
4650 CUSHING PARKWAY, FREMONT, CALIFORNIA 94538
-----------------------------------------------
(Address of Principal Executive Offices)
(510) 659-0200
--------------
(Registrant's Telephone Number, Including Area Code)
Not Applicable
--------------
(Former Name or Former Address, if Changed Since Last Report.)
<PAGE> 2
ITEM 5. OTHER EVENTS
On September 14, 1998, Lam Research Corporation (the "Company") announced
that the Board of Directors had authorized the repurchase, in management's
discretion, of up to 368,000 shares of the Company's Common Stock from the
public market or in private purchases. The press release states that the
purchases, if any, will take place from September 15 through and including
September 25, 1998, in conjunction with the Company's quarter end. Attached
hereto as Exhibit 99.1 is the Company's press release dated September 14, 1998.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits
<TABLE>
<S> <C>
99.1 Lam Research Corporation Press Release dated September 14,
1998.
</TABLE>
2
<PAGE> 3
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
DATED: September 15, 1998 LAM RESEARCH CORPORATION
By: /s/ Richard H. Lovgren
-----------------------------
Name: Richard H. Lovgren
Title: Vice President, Secretary
and General Counsel
3
<PAGE> 4
EXHIBIT INDEX
<TABLE>
<CAPTION>
Page No. in Sequentially
Exhibit No. Description Numbered Current Report
- ----------- ----------- ------------------------
<S> <C> <C>
99.1 Lam Research Corporation Press Release 5
dated September 14, 1998.
</TABLE>
4
<PAGE> 1
EXHIBIT 99.1
FOR IMMEDIATE RELEASE
Contacts: Lisa Garber Kathleen Bela
Corporate Communications Investor Relations
Lam Research Corporation Lam Research Corporation
Phone: 510/572-4538 Phone: 510/572-4566
Fax: 510/572-2935 Fax: 510/572-6454
e-mail: [email protected] e-mail: [email protected]
LAM RESEARCH CORPORATION ANNOUNCES SYSTEMATIC SHARE REPURCHASE PROGRAM
FREMONT, Calif., September 14, 1998 - Lam Research Corporation (Nasdaq: LRCX),
today announced that its Board of Directors has authorized the repurchase, at
management's discretion, of up to 368,000 shares of the Company's common stock
from the public market or in private purchases. The purchases will take place
from September 15 through and including September 25, 1998, in conjunction with
the Company's quarter end. As of September 1, 1998, the Company had
approximately 38 million shares of common stock outstanding. The shares
repurchased under this authorization will be used to off-set dilution caused by
issuance in the near-term of shares reserved under the Company's employee stock
purchase plans.
Lam Research Corporation is a leading supplier of wafer fabrication equipment
and services to the world's semiconductor industry. Lam's headquarters are
located in Fremont, California. The company's common stock trades on the Nasdaq
National Market under the symbol LRCX. Lam's World Wide Web address is
http://www.lamrc.com.
###
