U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date of Report (Date of earliest event reported): August 24,1998
REAL GOODS TRADING CORPORATION
(Exact name of registrant as specified in its charter)
California 0-22524 68-0227324
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) ID Number)
555 Leslie Street, Ukiah, CA 95482
(Address of principal executive offices) (Zip code)
Registrant's telephone number (707) 468-9292
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SIGNATURES
Pursuant to the requirements on 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.
REAL GOODS TRADING CORPORATION
(Registrant)
Date: August 24, 1998 By:[S]LESLIE B. SEELY
Leslie B. Seely
Chief Financial Officer
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ATTACHMENT A
For More Information: Leslie B. Seely, Chief Financial Officer
Ronald A. Zell, President
(707) 468-9292
For Immediate Release
Real Goods Announces Stock Repurchase Program
Ukiah, California, August 24, 1998...Real Goods Trading
Corporation (Nasdaq: RGTC and Chicago Stock Exchange: RGT)
announced today that its Board of Directors has approved a stock
repurchase program authorizing Company management to repurchase
up to $100,000 worth of Company Common Stock in open market and
private purchases. The Company indicated that it believed that
the stock was an attractive buy at the current market prices.
Company CEO John Schaeffer commented, "With our new management
team on board developing a new three year strategic plan and
with our stock trading at historic lows, we think the stock is
selling at a bargain price right now."
Real Goods Trading Corporation sells a broad range of energy and
conservation products through its catalogs and retail stores
(call 800.762.7325 for a free catalog). The Company believes that
it is the largest retailer of these products in the world. The
Corporation's common stock is publicly traded on the Chicago
Stock Exchange under the symbol"RGT", on the Nasdaq Small Cap
Under the symbol"RGTC", and through a bulletin board for the
purchase and sale of its stock on its web site
http://www.realgoods.com).
The foregoing statements contained herein may be deemed to be
"forward looking statements". The Company's implementation the
above-mentioned stock repurchase program is subject not only to
the Company's form 10-KSB for the fiscal year ended March 31, 1998
and form 10-QSB for the quarter ended June 27, 1998, but also to
market conditions, alternative uses of cash, and day to day
operating decisions.
