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: March 7, 1996
LG&E ENERGY CORP.
(Exact name of registrant as specified in its charter)
Kentucky 1-10568 61-1174555
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
220 West Main Street
P.O. Box 32030
Louisville, KY 40232
(Address of principal executive offices)
(502) 627-2000
(Registrant's telephone number)
Item 5. Other Events.
Stock Split.
The Company announced on March 6, 1996, that its Board of Directors approved a
two-for-one split of its common stock, without par value (the "Common Stock"),
by declaring a 100% stock dividend payable April 15, 1996. Accordingly, each
shareholder of record of the Common Stock on April 1, 1996, will be entitled to
one additional full share of Common Stock for each share of Common Stock held
on that date.
Item 7(c). Exhibits Filed.
Exhibit
Number Description
99.01 News release dated March 6, 1996, announcing the
authorization by LG&E Energy Corp.'s Board of Directors of
a two-for-one stock split effective April 15, 1996, to
shareholders of record on April 1, 1996.
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.
LG&E ENERGY CORP.
Registrant
Date: March 7, 1996 /s/ Walter Z. Berger
Walter Z. Berger
Executive Vice President and
Chief Financial Officer
(On behalf of the registrant in his
capacity as Principal Financial Officer)
LG&E Energy Splits Stock Two-for-One;
Cites Opportunities to Spur Growth
Louisville, KY - LG&E Energy Corp.'s Board of Directors today authorized a
two-for-one stock split effective April 15, 1996, to shareholders of record on
April 1, 1996, marking the second split by the company in four years. As a
result of the stock split, shareholders will receive one full share of common
stock for each share held on April 1, 1996, in the form of a 100% stock
dividend.
The Board also declared a pre-split quarterly dividend of 55.5 cents per
share of common stock payable on April 15, 1996, to shareholders of record on
March 29, 1996. The company has increased dividends paid for 41 consecutive
years.
"We have grown in market presence and profitability over the last five
years and this has been reflected in our stock price," said Roger Hale,
chairman and CEO. "We are now at the point in our growth where we want to
broaden our base of investors and bring our stock back into a price range
consistent with the rest of the industry."
Shareholders of record April 1, 1996, will be entitled to receive one full
share of common stock for each share then owned. Certificates for the new
shares issued as a result of the stock split will be mailed on April 15, 1996.
Current shareholders will receive official notification and instructions by
mail. Participants in LG&E Energy Corp.'s Automatic Dividend Reinvestment and
Stock Purchase Plan will have the appropriate number of shares resulting from
the stock split credited to their account.
LG&E Energy Corp., with record revenues in 1995 of $1.4 billion, owns and
operates energy marketing, power production and retail gas and electric
businesses or partnerships in the U.S. and two foreign countries. Its power
marketing division is ranked among the top five in the U.S. and its Dallas-
based natural gas marketing division has more than tripled its daily volumes in
the last nine months. Its local utility operation, Louisville Gas and Electric
Company, has among the lowest combined utility rates and highest customer
satisfaction rating of utilities in the U.S.
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