SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): May 14, 2002
VALASSIS COMMUNICATIONS, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-10991 38-2760940
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(State or other (Commission File Number) (IRS Employer
of incorporation) Identification No)
19975 Victor Parkway, Livonia, Michigan 48152
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(Address of principal executive office)
Registrant's telephone number, including area code: 734-591-3000
Item 5. OTHER EVENTS
On May 14, 2002, Valassis announced that its board has agreed to increase its
share repurchase allocation to a target of 75% of free cash flow for the balance
of 2002. A copy of the Company press release related to this event is being
filed as an Exhibit to this Form 8-K.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
Exhibit 99.1 Press Release of Valassis Communications, Inc. dated May 14, 2002
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.
VALASSIS COMMUNICATIONS, INC.
By: /s/Robert L. Recchia
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Robert L. Recchia
Executive Vice President and
Chief Financial Officer
Dated: May 15, 2002