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): February 25, 1999
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HERSHEY FOODS CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 1-183 23-0691590
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
100 Crystal A Drive, Hershey, Pennsylvania 17033
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (717) 534-6799
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Page 1 of 3 Pages
Exhibit Index - Page 3
INFORMATION TO BE INCLUDED IN REPORT
Item 5. Other Events
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On February 25, 1999, the Corporation announced that it has purchased $100
million of its Common Stock from the Hershey Trust Company, as Trustee of the
Milton Hershey School Trust. The Corporation bought 1,579,779 shares at $63.30
per share, the then current market price of the Common Stock. The $100 million
repurchase is part of the Corporation's ongoing $230 million Common Stock
repurchase program announced in early February, 1999. A copy of the press
release dated February 25, 1999 announcing the stock repurchase is incorporated
herein by reference and a copy is filed herewith as Exhibit 99.
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.
Dated: March 2, 1999
HERSHEY FOODS CORPORATION
By /s/ William F. Christ
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William F. Christ
Senior Vice President, Treasurer and
Chief Financial Officer
Page 2 of 3 Pages
Exhibit Index - Page 3
Exhibit Index
Exhibit No. Description
99 Press Release dated February 25, 1999
Page 3 of 3 Pages
Exhibit Index - Page 3