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
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported):
October 27, 2005
October 27, 2005
ALLIANCE DATA SYSTEMS CORPORATION
(Exact Name of Registrant as Specified in Charter)
| DELAWARE (State or Other Jurisdiction of Incorporation) |
001-15749 (Commission File Number) |
31-1429215 (IRS Employer Identification No.) |
17655 WATERVIEW PARKWAY
DALLAS, TEXAS 75252
(Address and Zip Code of Principal Executive Offices)
DALLAS, TEXAS 75252
(Address and Zip Code of Principal Executive Offices)
(972) 348-5100
(Registrant’s Telephone Number, including Area Code)
(Registrant’s Telephone Number, including Area Code)
NOT APPLICABLE
(Former name or former address, if changed since last report)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing
obligation of the Registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
ITEM 7.01. Regulation FD Disclosure
On October 27, 2005, Alliance Data Systems Corporation issued a press release announcing an
additional corporate stock repurchase program. A copy of this press release is furnished as
Exhibit 99.1.
ITEM 9.01. Financial Statements and Exhibits
(c) Exhibits
| EXHIBIT NUMBER | DESCRIPTION | |||
| 99.1 | Press Release dated October 27, 2005 announcing a corporate stock repurchase program. |
|||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Alliance Data Systems Corporation |
||||
| Date: October 27, 2005 | By: | /s/ J. Michael Parks | ||
| J. Michael Parks | ||||
| Chairman of the Board Chief Executive Officer |
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EXHIBIT INDEX
| EXHIBIT NUMBER | DESCRIPTION | |||
| 99.1 | Press Release dated October 27, 2005 announcing a corporate stock repurchase program. |
|||
Exhibit 99.1
CONTACT:
|
Edward Heffernan Chief Financial Officer Alliance Data Systems Tel: 972-348-5191 Media: Shelley Whiddon Tel: 972-348-4310 |
Alliance Data Share Repurchase Programs Increased To $300 Million
DALLAS, Texas, Oct. 27, 2005 — Alliance Data Systems Corporation (NYSE: ADS), a leading provider
of transaction services, credit services and marketing services, today announced that its board of
directors has approved a new stock repurchase program that authorizes the company to buy back up to
an additional $220 million of its outstanding common stock over the next 12 months. This new
repurchase program is in addition to an earlier program, announced in June 2005, which authorized
the repurchase of $80 million of the company’s common stock.
“Our expanded share repurchase program underscores the company’s long-term commitment to advancing
total shareholder value,” said Alliance Data chairman and CEO Mike Parks. “Our confidence in the
strength of our business model, combined with a strong balance sheet and cash flow, provides us the
opportunity to further expand our stock repurchase program. Our board believes ADS common stock is
an attractive purchase at these prices and, in addition to other strategic opportunities that we’ll
continue to evaluate, is a wise investment and use of a portion of our available funds.”
The board’s authorized repurchase program includes both open market purchases as well as private
transactions from time to time. Stock purchased as part of the program will be held as treasury
stock. Previously provided guidance does not include any accretion that may occur under this
repurchase program. The repurchase program’s terms have been structured to comply with the SEC’s
Rule 10b-18, and the program is subject to market conditions, applicable legal requirements and
other factors. The repurchase program does not obligate the company to acquire any specific number
of shares and may be suspended or terminated at any time.
About Alliance Data
Alliance Data is a leading provider of transaction services, credit services and marketing services, managing over 105 million consumer relationships for some of North America’s most recognizable companies. Alliance Data creates and manages customized solutions that change consumer behavior and that enable its clients to build stronger, mutually beneficial relationships with their customers. Headquartered in Dallas, Alliance Data employs approximately 7,500 associates at 35 locations in the United States and Canada. For more information about the company, visit its web site, http://www.AllianceDataSystems.com.
Alliance Data is a leading provider of transaction services, credit services and marketing services, managing over 105 million consumer relationships for some of North America’s most recognizable companies. Alliance Data creates and manages customized solutions that change consumer behavior and that enable its clients to build stronger, mutually beneficial relationships with their customers. Headquartered in Dallas, Alliance Data employs approximately 7,500 associates at 35 locations in the United States and Canada. For more information about the company, visit its web site, http://www.AllianceDataSystems.com.
Alliance Data’s Safe Harbor Statement/Forward Looking Statements
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements may use words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “predict,” “project” and similar expressions as they relate to us or our management. When we make forward-looking statements, we are basing them on our management’s beliefs and assumptions, using information currently available to us. Although we believe that the expectations reflected in the forward-looking statements are reasonable, these forward-looking statements are subject to risks, uncertainties and assumptions, including those discussed in our filings with the Securities and Exchange Commission.
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements may use words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “predict,” “project” and similar expressions as they relate to us or our management. When we make forward-looking statements, we are basing them on our management’s beliefs and assumptions, using information currently available to us. Although we believe that the expectations reflected in the forward-looking statements are reasonable, these forward-looking statements are subject to risks, uncertainties and assumptions, including those discussed in our filings with the Securities and Exchange Commission.
If one or more of these or other risks or uncertainties materialize, or if our underlying
assumptions prove to be incorrect, actual results may vary materially from what we projected. Any
forward-looking statements contained in this news release reflect our current views with respect to
future events and are subject to these and other risks, uncertainties and assumptions relating to
our operations, results of operations, growth strategy and liquidity. We have no intention, and
disclaim any obligation, to update or revise any forward-looking statements, whether as a result of
new information, future results or otherwise.
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