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 1, 2000
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Finlay Enterprises, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 0-25716 94-2691724
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
529 Fifth Avenue, New York, New York 10017
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(Address of principal executive offices) (zip code)
Registrant's Telephone Number, including Area Code: (212) 808-2060
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N/A
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
On December 1, 2000, Finlay Enterprises, Inc. (the "Company") announced
that its Board of Directors had approved a stock repurchase program to acquire
up to $20 million of outstanding common stock. Under the program, the Company,
from time to time at the discretion of management, may purchase its common stock
on the open market through September 29, 2001. The extent and timing of
repurchases will depend upon general business and market conditions, stock
prices, availability under the Company's revolving credit facility and its cash
position and requirements going forward. The program may be modified, extended
or terminated by the Company's Board of Directors at any time.
SIGNATURE
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Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
FINLAY ENTERPRISES, INC.
(Registrant)
Dated: December 1, 2000 By: /s/ BRUCE ZURLNICK
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Bruce Zurlnick
Senior Vice President and
Chief Financial Officer
