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
February 5, 2003
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(Date of Report, date of earliest event reported)
TITANIUM METALS CORPORATION
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(Exact name of Registrant as specified in its charter)
Delaware 0-28538 13-5630895
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) Number)
1999 Broadway, Suite 4300, Denver, CO 80202
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(Address of principal executive offices) (Zip Code)
(303) 296-5600
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name or address, if changed since last report)
Item 5: Other Events
On February 4, 2002 the Registrant issued the press release attached hereto
as Exhibit 99.1, which is incorporated herein by reference. The press release
relates to an announcement by Registrant regarding the approval by its
stockholders of the reverse stock split.
Item 7: Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits
Item No. Exhibit List
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99.1 Press Release dated February 4, 2003 issued by Registrant
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.
TITANIUM METALS CORPORATION
(Registrant)
By: /s/ Matthew O'Leary
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Matthew O'Leary
Corporate Attorney and
Assistant Secretary
Date: February 5, 2003
EXHIBIT 99.1
PRESS RELEASE
FOR IMMEDIATE RELEASE: CONTACT:
Titanium Metals Corporation JoAnne A. Nadalin
1999 Broadway, Suite 4300 Vice President and
Denver, Colorado 80202 Corporate Controller
(303) 296-5659
TIMET ANNOUNCES APPROVAL BY STOCKHOLDERS OF REVERSE STOCK SPLIT
DENVER, COLORADO . . . February 4, 2003 . . . Titanium Metals Corporation
("TIMET" or the "Company") (NYSE: TIE) announced that at a special meeting of
stockholders held today the stockholders of TIMET approved the amendment of
TIMET's Certificate of Incorporation to effect a reverse stock split of the
Company's common stock at a ratio of one share of post-split common stock for
each currently outstanding eight, nine or ten shares of pre-split common stock,
with the final exchange ratio to be selected by the Board of Directors; and to
reduce the number of authorized shares of common stock and preferred stock of
the Company from 99,000,000 shares and 1,000,000 shares, respectively, to
9,900,000 and 100,000 shares, respectively. Following the special meeting of
stockholders, TIMET's Board of Directors unanimously approved the reverse stock
split on the basis of one share of post-split common stock for each currently
outstanding 10 shares of pre-split common stock. Upon satisfaction of the NYSE
listing requirements, the effective date of the reverse stock split will be
announced.
TIMET, headquartered in Denver, Colorado, is a leading worldwide producer
of titanium metal products. Information on TIMET is available on the internet at
www.timet.com.
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