UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Commission File Number 1-5109
TODD SHIPYARDS CORPORATION
(Exact Name of registrant as specified in its charter)
DELAWARE 91-1506719
(State or other jurisdiction of (IRS Employer I.D. No.)
incorporation or organization)
1801 - 16th AVENUE SW, SEATTLE, WA 98134-1089
(Street address of principal executive offices - Zip Code)
Registrant's telephone number: (206) 623-1635
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Item 5. Other Events
On April 4, 1995 the Company issued a press release announcing that
the Company purchased 455,000 shares of its common stock in a block
on the open market on March 31, 1995.
Item 7. Financial Statements and Exhibits
(c) Exhibits
28-1 Press Release dated April 4, 1995.
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.
Dated: April 4, 1995
/s/ Michael G. Marsh
By: Michael G. Marsh
On behalf of the Registrant as
Secretary and General Counsel
FOR IMMEDIATE RELEASE
Via Facsimile - 1 page total
CONTACT: Maja D. Larson
206-623-1635 x108
SEATTLE, WASHINGTON, April 4, 1995 --- Todd
Shipyards Corporation ("Todd" or the "Company") has
announced that the Company repurchased 455,000 shares
of its common stock in a block on the open market on
March 31, 1995.
The Company began repurchasing its common stock in
open market transactions during its Fiscal Year 1994.
With last week's purchase, the total number of common
shares repurchased by the Company is 2,011,026 shares
for a total cost of $9,416,528. The repurchases have
reduced the number of shares outstanding to
9,945,007.
The Company, at its discretion, may repurchase
additional shares in the future depending on
availability and price.
