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: January 7, 2002
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(Date of earliest event reported)
THE PHOENIX COMPANIES, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-16517 06-0493340
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
One American Row, Hartford, Connecticut 06102-5056
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(Address of principal executive offices) (Zip Code)
860-403-5000
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(Registrant's telephone number, including area code)
Item 5. Other Information.
On January 7, 2002, The Phoenix Companies, Inc., a Delaware corporation,
issued a press release, a copy of which is attached hereto as Exhibit 99.1 and
is incorporated herein by reference.
Item 7. Exhibits.
99.1 Press release of The Phoenix Companies Inc., dated January 7, 2002,
regarding announcement of authorization of additional shares for stock
repurchase program.
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.
THE PHOENIX COMPANIES, INC.
By: /s/ Carole A. Masters
Name: Carole A. Masters
Title: Vice President and Counsel
Date: January 14, 2002
EXHIBIT INDEX
Exhibit No. Exhibit
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99.1 Press release of The Phoenix Companies Inc., dated
January 7, 2002, regarding announcement of authorization
of additional shares for stock repurchase program.
Exhibit 99.1
[PHOENIX LOGO]
The Phoenix Companies, Inc. N E W S R E L E A S E
PNX Board Authorizes Additional Shares for Stock Repurchase Program
HARTFORD, Conn. - January 7, 2002 - The Phoenix Companies, Inc. (NYSE: PNX)
today announced that its board of directors has authorized a program to
repurchase up to an aggregate of 5 million shares of the company's outstanding
common stock. This authorization is in addition to a 6-million share repurchase
program the company announced on September 17, 2001. Through January 4, 2002,
the company had repurchased 4.5 million shares under that program. Phoenix
currently has 101.9 million shares of common stock outstanding.
Under the repurchase program, purchases will be made from time to time on
the open market or in negotiated transactions, subject to market prices and
other conditions. No time limit was placed on the duration of the repurchase
program, which may be modified, extended or terminated at any time. However, it
is management's current intention to complete the program within 12 to 18
months.
The Phoenix Companies, Inc. (NYSE: PNX) is a leading provider of wealth
management products and services to individuals and institutions. Through a
variety of advisors and financial services firms, Phoenix helps the affluent and
high net worth accumulate, preserve and transfer their wealth with an innovative
portfolio of life insurance, annuity and investment management products and
services. With a history dating to 1851, The Phoenix Companies, Inc. has two
principal operating subsidiaries, Phoenix Life Insurance Company and Phoenix
Investment Partners, Ltd., and offers trust services through another subsidiary,
Phoenix National Trust Company. Phoenix has corporate offices in Hartford, Conn.
For more information on Phoenix, visit WWW.PHOENIXWM.COM
