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UNITED STATES
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) March 9, 2000
TEREX CORPORATION
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(Exact Name of Registrant as Specified in Charter)
Delaware 1-10702 34-1531521
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
500 Post Road East, Suite 320, Westport, Connecticut 06880
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (203) 222-7170
NOT APPLICABLE
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(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events.
On March 9, 2000, Terex Corporation ("Terex" or the "Company") announced that
its Board of Directors has authorized a share repurchase program, under which
the Company may purchase over the next 12 months up to 2 million shares, or
approximately 7.0%, of the Company's outstanding common shares. Purchase may be
made at the Company's discretion from time to time, effective immediately, in
open market transactions at prevailing prices or through privately negotiated
transactions as conditions permit. Terex will pay for the repurchases with cash
on hand.
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.
Date: March 9, 2000
TEREX CORPORATION
By: /s/ Eric I Cohen
Name: Eric I Cohen
Title: Senior Vice President
General Counsel and Secretary