Radioshack Corp – ‘8-K’ for 1/21/95

As of:  Thursday, 2/2/95   ·   For:  1/21/95   ·   Accession #:  96289-95-7   ·   File #:  1-05571

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Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                         3     13K 

Document Table of Contents

8-K
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                                    CONFORMED COPY
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          

__________________________________        

January 21, 1995          
Date of Report (Date of earliest event reported)          

TANDY CORPORATION         
(Exact name of registrant as specified in charter)        

Delaware                 1-5571            75-1047710             
(State or other          (Commission         (IRS Employer              
jurisdiction of          File Number)     Identification No.)           
incorporation)                                                          

1800 Tandy Center, Fort Worth, Texas                 76102              
(Address of principal executive offices)           (Zip Code)           

Registrant's telephone number, including area code                      
(817) 390-3700                                                  

8-K
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Item 5.           Other                                                 

NOTICE OF REDEMPTION          

to the Holder of all outstanding shares         
of Series C Conversion Preferred Stock          
and                 
to the holders of all outstanding $2.14 Depositary Shares               
each representing 1/100th of a share of Series C Conversion             
Preferred Stock                                                         

of        

TANDY CORPORATION         

Notice is hereby given that Tandy Corporation (the            
"Company") has elected to redeem on March 10, 1995 (the                 
"Redemption Date") all of its 150,000 shares of its Series C            
Conversion Preferred Stock (the "Preferred Stock").  The                
shares of Preferred Stock to be redeemed constitute all of              
the shares of Preferred Stock currently outstanding.                    
Redemption of the Preferred Stock will result in the                    
redemption of 15,000,000 $2.14 Depositary Shares (the                   
"Depositary Shares"), each representing 1/100th of a share of           
Preferred Stock, on the Redemption Date.                                

Upon such redemption, the holder of the Preferred Stock       
will receive, in exchange for each share of Preferred Stock             
called for redemption 78.775715 shares of Common Stock, par             
value $1 per share (the "Common Stock"), of the Company, plus           
a cash payment of $32.10 representing accrued and unpaid                
dividends to and including the Redemption Date.  The total              
number of shares of Common Stock deliverable upon redemption            
of the Preferred Stock is 11,816,358.  The number of shares             
of Common Stock to be delivered in respect of each share of             
Preferred Stock called for redemption is equivalent to $39.25           
(which is the applicable call price per share of Preferred              
Stock) divided by $49.825 (the Current Market Price of the              
Common Stock determined as follows:   For purposes of such              
redemption, "Current Market Price" means the average of the             
daily closing prices of the Common Stock on the New York                
Stock Exchange for the five consecutive trading days ending             
on and including January 19, 1995).                                     

Each owner of Depositary Shares called for redemption         
will receive in exchange for each Depositary Share called for           
redemption, 0.78775715 share of Common Stock plus a cash                
payment of $0.321, representing accrued and unpaid dividends            
to and including the Redemption Date.                                   

The places where the Depositary Receipts evidencing the         
Depositary Shares called for redemption (or the certificate             
or certificates evidencing the shares of Preferred Stock, as            
the case may be), are to be surrendered for redemption are:             

If delivered by overnight courier:                                      
The First National Bank of Boston                             
Shareholder Services Division                                 
150 Royall Street                                             
Mail Stop 45-01-19                                            
Canton, Massachusetts 02021                                   

If delivered by mail:                                                   
The First National Bank of Boston                             
Shareholder Services Division                                 
P.O. Box 1889                                                 
Mail Stop 45-01-19                                            
Boston, Massachusetts 02105                                   

If delivered by hand:                                                   
BancBoston Trust Company of New York                          
55 Broadway                                                   
Third Floor                                                   
New York, New York                                            

Settlement hereunder will be made upon such surrender of      
Depositary Receipts, accompanied by proper instruments of               
assignment and transfer if payment is to be made to other               
than the registered holder.                                             

Dividends on the shares of Preferred Stock (and thereby       
the Depositary Shares) to be redeemed will cease to accrue on           
the Redemption Date unless the Company shall default in                 
delivering the shares of Common Stock and cash payable by it            
pursuant to the terms of the Preferred Stock.                           

The record date for the determination of holders of           
Depositary Shares to be redeemed will be February 6, 1995.              

This notice (including a Letter of Transmittal) will be       
mailed to the holders of Depositary Shares as soon as                   
practicable after the record date.                                      

8-K
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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 this 1st day of February, 1995.                              

TANDY CORPORATION         
(Registrant)              

Date February 1, 1995          By: /S/ DWAIN H. HUGHES                  
                 -------------------
             Dwain H. Hughes
                       Senior Vice President and
                     Chief Financial Officer

Dates Referenced Herein

				Referenced-On Page
This ‘8-K’ Filing		Date		First		Last			Other Filings
		3/10/95		2					None on these Dates
		2/6/95		2
Filed on:		2/2/95
		2/1/95		3
For Period End:		1/21/95		1
		1/19/95		2
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