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): March 31, 1997 NEWPORT CORPORATION (Exact name of Registrant as specified in charter) Nevada 0-1649 094-0849175 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 1791 Deere Avenue, Irvine, California 92606 (Address of principal executive offices and zip code) Registrant's telephone number, including area code: (714) 863-3144 Not Applicable (Former name or former address, if changed, since last report) ITEM 5. OTHER EVENTS On March 31, 1997, Newport Corporation announced that its Board of Directors has authorized a program to repurchase up to approximately 1% of its outstanding Common Stock as part of a buy-back program that it will put into effect immediately. A copy of the press release is attached as Exhibit 99.1 to this Report and is incorporated herein by this reference. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS (a) Financial Statements of Businesses Acquired. Not Applicable. (b) Pro Forma Financial Information. Not Applicable. (c) Exhibits. 99.1 Press Release, dated March 31, 1997. 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. NEWPORT CORPORATION Date: March 31, 1997 By: /s/ ROBERT C. HEWITT ------------------------------- Robert C. Hewitt Vice President, Chief Financial Officer and Secretary 2 EXHIBIT INDEX Exhibit Number Description Page -------------- ----------- ---- 99.1 Press Release, dated March 31, 1997. 4 3