SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 May 3, 2000 Date of Report (Date of earliest event reported) CALLAWAY GOLF COMPANY (Exact Name of Registrant as Specified in Charter) DELAWARE 1-10962 95-3797580 (State or Other (Commission (IRS Employer Jurisdiction of File Number) Identification No.) Incorporation) 2285 RUTHERFORD ROAD CARLSBAD, CA 92008-8815 (Address of Principal Executive Offices) (760) 931-1771 (Registrant's telephone number, including area code) 1 ITEM 5. OTHER EVENTS. ------------ On May 3, 2000, Callaway Golf Company issued a press release captioned, "Callaway Golf Company Announces Plans to Repurchase Up To $100 Million in Stock; Declares First Quarter Dividend." A copy of the press release is attached to this report as Exhibit 99.1. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. --------------------------------- (c) Exhibits. 99.1 Press Release, dated May 3, 2000, of Callaway Golf Company. 2 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. Date: May 5, 2000 CALLAWAY GOLF COMPANY By: /S/ STEVEN C. McCRACKEN ----------------------- Steven C. McCracken Executive Vice President, Licensing, Chief Legal Officer and Secretary 3 EXHIBIT INDEX Exhibit Number Description -------------- ----------- 99.1 Press Release, dated May 3, 2000, of Callaway Golf Company 4