THE COMMERCE GROUP, INC. 8-K
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)
May
18, 2007
THE
COMMERCE GROUP, INC.
(Exact
name of registrant as specified in its charter)
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Massachusetts
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001-13672
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04-2599931
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(State
or other jurisdiction of incorporation)
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|
(Commission
File Number)
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(IRS
Employer Identification No.)
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211
Main Street, Webster, Massachusetts 01570
(Address
of principal executive offices) (Zip Code)
Registrant’s
telephone number, including area code:
(508) 943-9000
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 (see General Instruction A.2 below):
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
The
Commerce Group, Inc.
Form
8-K
May
18, 2007
| Section
8. |
|
Other
Events |
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Item
8.01 Other
Events
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On
May 18,
2007, The Commerce Group, Inc. (the “Company”) issued a press release announcing
an amended stock repurchase program. A copy of the press release is attached
as
Exhibit 99.1 to this Form 8-K.
The
amended stock repurchase program increased the authorized amount of shares
eligible for repurchase to 5 million. Since November 16, 2006, the date of
the
previously announced buyback authorization, the Company repurchased
approximately 2.9 million shares, which left approximately 2.1 million shares
eligible to be repurchased. As a result, the amended program authorized an
additional 2.9 million shares for repurchase.
| Section
9. |
|
Financial
Statements and Exhibits |
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Item
9.01 Financial Statements and
Exhibits
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(d)
Exhibits
Exhibit
99.1 Press Release dated May 18, 2007
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 hereunto
duly authorized.
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THE
COMMERCE GROUP, INC. |
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May
18, 2007 |
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By: |
/s/ Randall
V. Becker |
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Randall
V. Becker
|
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Senior
Vice President and Chief Financial
Officer
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