Securities and Exchange Commission
Washington, DC 20549
Form 8-K
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act 1934
Date of Report December 11, 1997
(Date of earliest event reported)
CalEnergy Company, Inc.
(Exact name of registrant as specified in its charter)
Delaware 1-9874 94-2213782
(State of other (Commission File (IRS Employer
jurisdiction of Number) Identification No.)
incorporation)
302 South 36th Street, Suite 400, Omaha, NE 68131
(Address of principal executive offices) Zip Code
Registrant's Telephone Number, including area code: (402) 341-4500
N/A
(Former name or former address, if changed since last report)
Item 5. Other Events
On December 11, 1997, the Registrant announced that it has
increased the authorized purchase amounts in it's stock
repurchase program. A press release issued by the Registrant is
attached hereto as Exhibit 1 and is incorporated herein by
reference.
IItem 7. Financial Statements and Exhibits
Exhibit 1 - Press Release dated December 11, 1997
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.
CalEnergy Company, Inc.
By: \s\ Douglas L. Anderson
Douglas L. Anderson
Assistant Secretary and
Assistant General Counsel
Dated: December 15, 1997
FOR IMMEDIATE RELEASE
Craig M. Hammett - Vice President, Chief Financial Officer 402-341-4500
CALENERGY INCREASES STOCK REPURCHASE
PROGRAM AMOUNT TO 3,000,000 SHARES
OMAHA, NEBRASKA, December 11, 1997 --- CalEnergy
Company, Inc. ("CalEnergy" or the "Company") (NYSE, PCX and
LSE Symbol: CE) announced today that it has increased the
authorized purchase amounts in its stock repurchase program.
With the increased authorization, the Company is currently
authorized to purchase from time to time up to 3,000,000
shares of its common stock on the open market.
CalEnergy, which manages and owns interests in over
5,000 net MW of power generation facilities in operation,
construction and development worldwide, currently operates
20 generating facilities and also supplies and distributes
electricity to 1.5 million customers.
www.calenergy.com
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