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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
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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):
July 27, 1994
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TEXACO INC.
(Exact name of registrant as specified in its charter)
Delaware 1-27 74-1383447
(State or other jurisdiction of (Commission File (I.R.S. Employer
incorporation) Number) Identification Number)
2000 Westchester Avenue, 10650
White Plains, New York (Zip Code)
(Address of principal executive offices)
(914) 253-4000
(Registrant's telephone number, including area code)
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Item 5. Other Events
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1. On July 27, 1994, the Registrant announced that it will
commence a stock repurchase program to buy up to 6 million
shares of its common stock through open market transactions.
Subject to market conditions and applicable regulatory
requirements, the stock repurchase program is expected to be
completed not later than the second quarter of 1995.
In this connection, on July 27, 1994, the registrant issued a
press release entitled "Texaco Inc. Announces Beginning of
Stock Repurchase Program," a copy of which is attached hereto
as Exhibit 99.1 and made a part of hereof.
Item 7. Financial Statement, Pro Forma Financial Information and
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Exhibits
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(c) Exhibits
99.1 Copy of press release issued by Texaco Inc.,
dated July 27, 1994 entitled "Texaco Inc.
Announces Beginning of Stock Repurchase
Program."
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SIGNATURES
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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.
TEXACO INC.
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(Registrant)
By: R. E. KOCH
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(Assistant Secretary)
Date: July 28, 1994
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EXHIBIT 99.1
TEXACO INC. ANNOUNCES BEGINNING OF
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STOCK REPURCHASE PROGRAM
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FOR IMMEDIATE RELEASE: WEDNESDAY, JULY 27, 1994.
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WHITE PLAINS, N.Y., July 27 - Texaco Inc. announced today that it will
commence a stock repurchase program to buy up to six (6) million shares of
its common stock through open market transactions. The share repurchase is
intended to be used for the anticipated conversion of Texaco's Series E
Variable Rate Cumulative Preferred Stock to common stock. Subject to market
conditions and applicable regulatory requirements, the program is expected
to be completed not later than the second quarter of 1995.
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CONTACTS: Dave Dickson 914-253-4128
Cynthia Michener 914-253-4743
