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) November 12, 1996
THE BEAR STEARNS COMPANIES INC.
Exact name of registrant as specified in its charter
DELAWARE File No. 1-8989 13-3286161
(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification
incorporation) Number)
245 Park Avenue, New York, New York 10167
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (212) 272-2000
Not Applicable
(former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events.
The performance graph set forth on page 20 of the Bear Stearns Companies Inc.'s
(the "Company") Proxy Statement relating to its Annual Meeting of Stockholders
held on October 28, 1996, contained an inadvertent inaccuracy. The performance
of the S&P 500 Index and the S&P Financial Miscellaneous Index did not reflect
the reinvestment of dividends. The following is a corrected performance graph.
PERFORMANCE GRAPH
The following performance graph compares the performance of an investment in the
Company's Common Stock for the last five fiscal years with that of the S&P 500
Index, the S&P Financial Miscellaneous Index and the Company's peers (consisting
of Merrill Lynch & Co., Inc., Morgan Stanley Group Inc., Paine Webber Group
Inc., and Salomon Inc). The graph assumes the value of the investment in the
Company's Common Stock and each index was $100 on June 30, 1991 and that all
dividends were reinvested. There can be no assurance that future stock
performance will correlate with past stock performance.
COMPARISON OF FIVE YEAR CUMULATIVE TOTAL RETURN
[GRAPHIC MATERIAL (1) OMITTED]
Assumes $100 invested on June 30, 1991
in the Company's Common Stock, S&P 500 Index,
S&P Financial Miscellaneous Index and Peer Group Index
1991 1992 1993 1994 1995 1996
---- ---- ---- ---- ---- ----
The Bear Stearns Companies Inc. 100 139 215 176 240 286
S & P 500 Index 100 113 129 131 165 208
S & P Financial Miscellaneous Index 100 121 176 173 218 289
Peer Group 100 127 190 171 238 296
<PAGE>
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 thereunto duly authorized.
THE BEAR STEARNS COMPANIES INC.
By: /s/ Samuel L. Molinaro Jr.
Samuel L. Molinaro Jr.
Chief Financial Officer
Dated: November 12, 1996
<PAGE>
APPENDIX
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DESCRIPTION OF GRAPHIC MATERIAL OMITTED FROM EDGAR FILING
(Pursuant to Item 304(1) of Regulation S-T)
Graphic Material (1)
The paper-format version of this Form 8-K includes a line graph titled
"COMPARISON OF FIVE YEAR CUMULATIVE TOTAL RETURN." The paragraph preceding the
graph describes the graph and the composition of the "Peer Group" used in the
graph. The same data presented in the graph is presented in a chart that appears
in both the paper-format and EDGAR versions of this Form 8-K at the same point
as the forementioned graph.
