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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):
April 8, 1997
GLOBALSTAR TELECOMMUNICATIONS LIMITED
(Exact name of registrant as specified in its charter)
Islands of Bermuda 0-25456 13-3795510
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) Number)
Cedar House, 41 Cedar Avenue, Hamilton, Bermuda HM 12
(Address of principal executive offices) (Zip Code)
Registrant's telephone number,
including area code:
(441) 295-2244
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Item 5. Other Events.
On April 8, 1997, the Board of Directors of Globalstar
Telecommunications Limited (the "Company") voted to issue a stock dividend to
shareholders consisting of one share of common stock for each outstanding share.
The stock dividend will be paid on May 28, 1997 to shareholders of record as of
May 12, 1997.
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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.
GLOBALSTAR TELECOMMUNICATIONS
LIMITED
(Registrant)
Date: April 10, 1997 By: /s/ Eric J. Zahler
Eric J. Zahler
Vice President and Secretary
