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 (Date of earliest event reported) December 17, 1999
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Commission File Number: 000-17962
Applebee's International, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 43-1461763
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(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
4551 W. 107th Street, Suite 100, Overland Park, Kansas 66207
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(Address of principal executive offices and zip code)
(913) 967-4000
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(Registrant's telephone number, including area code)
None
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(Former name or former address, if changed since last report)
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Item 5. Other Events.
Applebee's International, Inc. (the "Company") issued two press releases
announcing a new stock repurchase program and an annual dividend declaration on
its common stock of ten cents per common share. The record and payment date are
set forth in the press release. The press releases are attached as Exhibit A
hereto and incorporated herein by reference.
Item 7. Exhibits
(c) Exhibits
Exhibit Description
A Press releases of the Company dated
December 17, 1999
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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.
APPLEBEE'S INTERNATIONAL, INC.
(Registrant)
Date: December 29, 1999 By: /s/ George D. Shadid
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George D. Shadid
Executive Vice President and
Chief Financial Officer
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Contact: George Shadid FOR IMMEDIATE RELEASE
Chief Financial Officer December 17, 1999
(913) 967-4035
APPLEBEE'S INTERNATIONAL ANNOUNCES
NEW $32.5 MILLION STOCK REPURCHASE PROGRAM;
$100 MILLION REPURCHASE PROGRAM COMPLETED
Overland Park, Kan., Dec. 17 -- Applebee's International, Inc. (Nasdaq:APPB)
announced today that the company's board of directors has authorized an
additional program to repurchase up to $32.5 million of the company's common
stock through the year 2000, subject to market conditions and pursuant to
applicable restrictions under the company's debt agreements. In addition, the
company has completed its $100 million stock repurchase program that was
announced earlier this year. The additional amount brings the total authorized
stock repurchase programs to an aggregate of $182.5 million since 1997.
Applebee's International, Inc., headquartered in Overland Park, Kan., currently
develops, franchises and operates restaurants under the Applebee's Neighborhood
Grill and Bar brand, the largest casual dining concept in the world. There are
currently 1,160 Applebee's restaurants operating system-wide in 49 states and
eight international countries. Additional information on Applebee's
International can be found at the company's website (www.applebees.com).
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Contact: George Shadid FOR IMMEDIATE RELEASE
Chief Financial Officer December 17, 1999
(913) 967-4035
APPLEBEE'S DECLARES INCREASED ANNUAL DIVIDEND
Overland Park, Kan., Dec. 17 -- Applebee's International, Inc. (Nasdaq:APPB) has
declared an annual dividend of 10 cents per share. The dividend is payable
January 28, 2000, to shareholders of record as of December 27, 1999. This is the
company's tenth consecutive annual dividend and represents an increase of 11
percent over last year's dividend of 9 cents per share.
Applebee's International, Inc., headquartered in Overland Park, Kan., currently
develops, franchises and operates restaurants under the Applebee's Neighborhood
Grill and Bar brand, the largest casual dining concept in the world. There are
currently 1,160 Applebee's restaurants operating system-wide in 49 states and
eight international countries. Additional information on Applebee's
International can be found at the company's website (www.applebees.com).
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