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
December 5, 1997
(Date of earliest event reported)
The DII Group, Inc.
(Exact name of registrant as specified in its charter)
Delaware 0-21374 84-1224426
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
6273 Monarch Park Place
Suite 200
Niwot, Colorado 80503
(Address and zip code of principal executive offices)
(303) 652-2221
Registrant's telephone number, including area code
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Item 5. Other Events.
On December 5, 1997, The DII Group, Inc. (the "Registrant") issued a
press release announcing that its Board of Directors has authorized the
repurchase of up to 1,000,000 shares of Common Stock. The purchases will be made
from time to time in open market transactions or through privately negotiated
transactions at prices that meet the Registrant's pre-determined financial
objectives. The Registrant anticipates that such purchases could occur over an
extended period of time.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
99.1 Copy of Press Release dated December 5, 1997.
<PAGE>
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 hereunto duly authorized.
The DII Group, Inc.
Date: December 9, 1997 By: /s/ Thomas J. Smach
-------------------------------
Name: Thomas J. Smach
Title: Chief Financial Officer
Exhibit 99.1
THE DII GROUP, INC. ANNOUNCES STOCK REPURCHASE PLAN
NIWOT, CO, December 5, 1997 -- The DII Group, Inc. (Nasdaq: DIIG) today
announced that its Board of Directors has authorized the repurchase of up to
1,000,000 shares of Common Stock. The purchases will be made from time to time
in open market transactions or through privately negotiated transactions at
prices that meet the Company's pre-determined financial objectives. The Company
anticipates that such purchases could occur over an extended period of time.
There are presently approximately 25.4 million outstanding shares of The DII
Group Common Stock and approximately 31.3 million weighted average outstanding
shares and equivalents of The DII Group Common Stock.
* * * * *
The DII Group, Inc. is a leading value-added electronics design and
manufacturing service provider which operates through a global network of
companies in the United States, Mexico, Ireland, England, Singapore and
Malaysia. The Company serves the electronics manufacturing industry through its
eight strategic business channels: Design Solutions, Orbit Semiconductor,
Multilayer Technology ("Multek"), Dovatron International, IRI International,
Process Control Technologies, Cencorp and TTI Testron.
Fax on Demand can be reached by phoning (201) 333-3662 and the Internet (Web)
Site can be reached by accessing www.diigroup.com to view recent press releases,
Company information and financial data relating to The DII Group.
