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: December 14, 1999
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(Date of earliest event reported)
WPS Resources Corporation
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(Exact name of registrant as specified in its charter)
Wisconsin
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(State or other jurisdiction of incorporation)
1-11337 39-1775292
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(Commission File Number) (IRS Employer Identification No.)
700 North Adams Street, P.O. Box 19001, Green Bay, WI 54307-9001
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (920)433-1727
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Not Applicable
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
WPS Resources Corporation currently funds its Stock Investment Plan through
the issuance of new shares of WPS Resources common stock. The Chief
Financial Officer of WPS Resources has determined that our capital needs have
changed. Therefore, effective December 20, 1999 we will be purchasing common
stock on the open market to meet the annual requirements of the Stock
Investment Plan. Additional stock based employee benefit plans are currently
funded through market purchases of stock. We will continue to fund these
plans with market purchases of common stock. Total annual potential
purchases of WPS Resources common stock for all these programs range between
500,000 and 700,000 shares.
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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.
WPS RESOURCES CORPORATION
By: /s/ D. L. Ford
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D. L. Ford
Vice President-Controller
and Chief Accounting Officer
Date: December 14, 1999
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