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 Event Reported: August 2, 1995
PREMARK INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
Delaware 1-9256 36-3461320
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
1717 Deerfield Road, Deerfield, Illinois 60015
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (708)
405-6000
Item 5. Other Events
On August 2, 1995, the Registrant announced that
it will repurchase up to 6 million shares of its common
stock, in open market or other transactions. Attached
hereto is a press release by the Registrant providing
additional details.
Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits.
(c) Exhibits (numbered in accordance with Item
601 of Regulation S-K)
(28) Press release dated August 2, 1995
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.
Deerfield, Illinois PREMARK INTERNATIONAL, INC.
August 4, 1995
By:_________________________
John M. Costigan
Senior Vice President,
General Counsel and
Secretary
EXHIBIT INDEX
Exhibit No. Description Page
(28) Press release dated August 2, 5
1995
PREMARK BOARD DECLARES DIVIDEND,
APPROVES SHARE REPURCHASE PROGRAM
DEERFIELD, Ill., August 2, 1995 -- Premark International,
Inc. announced today that its board of directors declared
the company's quarterly dividend of 27 cents per share,
payable on October 4, 1995, to shareholders of record on
September 15, 1995.
In other action, Premark's board authorized the purchase
of up to 6 million shares of the company's stock, with
volume and timing to depend on market conditions. Shares
acquired will be used for general corporate needs. Purchases
will be made in the open market or through other
transactions and will be financed through cash flow from
operations or issuance of additional debt. Approximately
63.5 million common and common equivalent shares are
currently outstanding.
"The authorization of a share repurchase reflects our
board's confidence in the company's operating performance,"
said Warren L. Batts, Premark's chairman and chief executive
officer. "We expect to continue our very solid performance
in the second half of the year."
Premark recently reported an 18 percent increase in
second-quarter net income to a record $67.1 million, or
$1.06 per share, from $56.9 million, or $0.86 per share,
last year. For the first six months of 1995, Premark's net
income increased 20 percent to a record $113.6 million, or
$1.77 per share, from $94.7 million, or $1.42 per share,
last year.
Premark International, Inc., a $3.5 billion multinational
company, markets premium products in more than 100 countries
under leading brand names such as Tupperware, Hobart,
Wilsonart, West Bend, Florida Tile, Hartco and Precor.
Premark stock is listed on the New York, Pacific and London
Stock Exchanges.
