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
May 25, 1999 (Date of earliest event reported)
May 25, 1999 (Date of Report)
TANDY CORPORATION
(Exact name of registrant as specified in charter)
Delaware 1-5571 75-1047710
(State or other (Commission (IRS Employer
Jurisdiction of File Number Identification No.)
Incorporation)
100 Throckmorton Street Suite 1800, Fort Worth, Texas 76102
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (817) 415-3700
Item 5. OTHER EVENTS
The text of a press release issued by Tandy Corporation (the "Company") on
May 25, 1999 is set forth below:
Tandy Corporation Announces 2-for-1 Split of Common Stock
Fort Worth, Texas -- The Board of Directors of Tandy Corporation (NYSE:
TAN) announced a 2-for-1 split of Tandy common stock. The record date is June 1,
1999, and the distribution date is June 21, 1999. Treasury shares will not be
split. Tandy has approximately 96.2 million common shares outstanding.
"Our performance this year has been rewarding, as we have initiated our
strategy to become America's Home Connectivity Store. We believe the Board of
Director's action to approve a stock split is an indication of their confidence
in Tandy/RadioShack's longer term prospects," stated Chairman and CEO of Tandy
Corporation/RadioShack Len Roberts.
Tandy Corporation/RadioShack is the natio's largest consumer electronics
chain and one of the most trusted electronics retailers in the United States.
With more than 7,000 stores and dealers, RadioShack sells more wireless
telephones, telecommunications products and electronic parts and accessories
than any other retailer. It is estimated that 94 percent of Americans live or
work within five minutes of a RadioShack store or dealer. For more information,
visit Tandy Corporation/RadioShack web sites at www.tandy.com and
www.radioshack.com.
Statements made in this press release which are forward-looking statements
involve risks and uncertainties and are indicated by words such as
"anticipated," "could," "plans," "goals" and other similar words or phrases.
These uncertainties include, but are not limited to, economic conditions,
product demand, competitive products and pricing, availability of products, the
regulatory environment, real estate market fluctuations and other risks
indicated in filings with the Securities and Exchange Commission such as Tandy's
most recent Form 10-K and 10-Q.
END OF TEXT OF PRESS RELEASE
SIGNATURE
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 thereunto duly authorized this 25th day of May, 1999.
TANDY CORPORATION
(Registrant)
Date May 25, 1999
Mark C. Hill
Senior Vice President, Corporate Secretary
and General Counsel
