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UNITED STATES
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: July 10, 1998
Date of Earliest Event Reported: May 28, 1998
CAMBREX CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 1-10638 22-2476135
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
One Meadowlands Plaza
East Rutherford, NJ 07073
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(Address of principal executive offices)
(201) 804-3000
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name or address, if changed since last report)
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ITEM 5. OTHER EVENTS
On May 28, 1998, the Board of Directors of Cambrex Corporation (the
"Company") approved a two-for-one stock split of the Company's Common Stock,
$.10 par value (the "Common Stock"). On June 24, 1998 the stock split was
effected by the distribution to stockholders of record as of the close of
business on June 10, 1998 (the "record date") of one additional share of Common
Stock for each share issued and outstanding as of the close of business on the
record date. The Company's news release regarding the split is attached hereto
as Exhibit 1.
ITEM 7. FINANCIAL STATEMENTS, PRO-FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits.
1. News Release issued by the Company on May 28, 1998 announcing the
2-for-1 stock split.
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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.
CAMBREX CORPORATION
(Registrant)
By /s/ Douglas H. MacMillan
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Douglas H. MacMillan
Vice President
(On behalf of the Registrant and
as the Registrant's Principal
Financial Officer)
Date: July 10, 1998
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EXHIBIT INDEX
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<CAPTION>
Exhibit No. Description Page No.
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1 The Company's News Release announcing 2-for-1 stock split 4
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EXHIBIT 1
CAMBREX CORPORATION ANNOUNCES STOCK SPLIT
EAST RUTHERFORD, NJ - May 28, 1998 - Cambrex Corporation (NYSE:CBM),
announced today that its Board of Directors have authorized for a 2 for 1 stock
split for holders as of June 10, 1998. Shareholders of record as of that day
will receive a dividend of one new share for each share held, payable on June
24, 1998. They further indicated their intent to set the annual dividend at 12
cents per share after the split, a 20% increase over the pre-split dividend.
Jim Mack, Cambrex CEO commented, "These actions reflect our continued
confidence in the company's future and our commitment to maximizing stockholder
value."
Cambrex manufactures specialty and fine chemical including products and
services to the pharmaceutical and biotechnology industries.
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