Boeing Co 8-K, filed Mar 23, 2020
Boeing Co (BA)
8-K
2020-03-23
For: 2020-03-20
View Original
Added on
April 07, 2026
About this 8-K
Boeing Co filed this 8-K on March 23, 2020, reporting on events of March 20, 2020.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES 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 20, 2020
THE BOEING COMPANY | ||
(Exact name of registrant as specified in its charter) | ||
Commission file number | ||
(State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) | |||
(Address of principal executive offices) | (Zip Code) | |||
(Registrant's telephone number, including area code) | |||
Securities registered pursuant to Section 12(b) of the Act:
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01. Other Events
On March 20, 2020, The Boeing Company (the "Company") issued a press release related to recent actions taken in response to the COVID-19 crisis. A copy of the Company’s press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
In addition, on March 21, 2020, the Board of Directors terminated its prior authorization to repurchase shares of the Company’s outstanding common stock. The share repurchase program had been suspended since April 2019.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number | Description | |
99.1 | ||
104 | 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
THE BOEING COMPANY | |
By: | /s/ Grant M Dixton |
Grant M. Dixton | |
Vice President, Deputy General Counsel & Corporate Secretary | |
Dated: March 23, 2020 | |
Exhibit 99.1
Boeing Announces Actions to Navigate COVID-19 Crisis
CHICAGO, March 20, 2020-The Boeing Company [NYSE: BA] today announced several decisions to support the company as it navigates through the COVID-19 pandemic while ensuring the company is positioned for the industry's recovery. Decisions include:
• | CEO Dave Calhoun and Board Chairman Larry Kellner will forgo all pay until the end of the year. |
• | The company will suspend its dividend until further notice. |
• | Boeing will extend its pause of any share repurchasing until further notice. The company previously suspended its stock buyback program in April of 2019. |
Boeing is drawing on all of its resources to sustain operations, support its workforce and customers, and maintain supply chain continuity through the COVID-19 crisis and for the long term.
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Contact
Boeing Communications
media@boeing.com