UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITES EXCHANGE ACT OF 1934
Date of Report (Date of earliest events reported) March 27, 2000
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March 8, 2000
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PUBLIC SERVICE COMPANY OF NEW MEXICO
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(Exact name of registrant as specified in its charter)
New Mexico 85-00019030
- ----------------------------- Commission ----------------------
(State or Other Jurisdiction File Number 1-6986 (I.R.S. Employer
of Incorporation) ------ Identification) Number)
Alvarado Square, Albuquerque, New Mexico 87158
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(Address of principal executive offices) (Zip Code)
(505) 241-2700
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(Registrant's telephone number, including area code)
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(Former name, former address and former fiscal year,
if changed since last report)
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Item 5. Other Event
The following is the Company's press release and is being filed herewith as a
current event.
PNM Declares Stock Dividends, Elects New Company President to Board
Albuquerque, N.M., March 8, 2000 - The Board of Directors of PNM, Public Service
Company of New Mexico (NYSE:PNM), has declared quarterly dividends on PNM common
and preferred stock. The common stock dividend of 20 cents per share, unchanged
from the previous quarter, is payable May 19 to shareholders of record May 2.
The Board also declared the regular quarterly dividend of $1.145 per share on
the company's 4.58 percent series of cumulative preferred stock. The dividend on
the preferred stock is payable April 15 to shareholders of record April 1.
In other action, PNM President Jeffrey E. Sterba, 45, was elected to a seat on
the Board vacated by the resignation of Larry Lattman. Mr. Lattman, a PNM
director for 7 years, has passed the retirement age provided for in PNM
corporate bylaws.
PNM is a combined electric and gas utility serving approximately 1.3 million
people in New Mexico. The company also sells power on the wholesale market.
Avistar, a wholly owned subsidiary of PNM, operates an advanced meter servicing
business in California and Nevada, and offers energy and water management
solutions for government and institutional clients in the Southwest. The
company's stock is traded primarily on the NYSE under the symbol PNM. For more
information about PNM, see our web site at www.pnm.com.
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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.
PUBLIC SERVICE COMPANY OF NEW MEXICO
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(Registrant)
Date: March 27, 2000 /s/ John R. Loyack
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John R. Loyack
Vice President, Corporate Controller
and Chief Accounting Officer
(Officer duly authorized to sign this report)
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