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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): May 23, 1997
STEWART ENTERPRISES, INC.
(Exact name of registrant as specified in its charter)
LOUISIANA 0-19508 72-0693290
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
110 VETERANS MEMORIAL BOULEVARD
METAIRIE, LOUISIANA 70005
(Address of principal executive offices) (Zip Code)
(504) 837-5880
(Registrant's telephone number, including area code)
NOT APPLICABLE
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
On May 23, 1997 the Company issued the following press release.
CONTACT:
Ronald H. Patron
Stewart Enterprises, Inc.
110 Veterans Boulevard
Metairie, Louisiana 70005
504/837-5880
FOR IMMEDIATE RELEASE
STEWART ENTERPRISES ANNOUNCES OFFERING
Metairie, Louisiana, May 23, 1997...Stewart Enterprises, Inc. (Nasdaq NMS:
STEI) today announced that it has filed a registration statement with the
Securities and Exchange Commission covering a proposed offering of
4,750,000 shares of Class A Common Stock, of which 500,000 shares are being
offered by a principal shareholder. The shares will be sold through an
underwriting syndicate co-managed by Bear, Stearns & Co. Inc., Goldman,
Sachs & Co., ABN AMRO Chicago Corporation and Johnson Rice & Company L.L.C.
Founded in 1910, Stewart Enterprises, Inc. is the third largest provider of
products and services in the death care industry in North America,
currently owning and operating 345 funeral homes and 124 cemeteries in 23
states, Puerto Rico, Mexico, Australia, New Zealand, Canada and Spain.
A registration statement relating to these securities has been filed with
the Securities and Exchange Commission, but has not yet become effective.
These securities may not be sold nor may offers to buy be accepted prior to
the time the registration statement becomes effective. This press release
shall not constitute an offer to sell or the solicitation of an offer to
buy, nor shall there be any sale of these securities in any state in which
such offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state.
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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 thereunto duly authorized.
STEWART ENTERPRISES, INC.
May 23, 1997 /s/ KENNETH C. BUDDE
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Kenneth C. Budde
Senior Vice President--Finance
Secretary and Treasurer
(Principal Accounting Officer)
