Table of Contents
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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) February 9, 2005
VISTEON CORPORATION
| Delaware (State or other jurisdiction of incorporation) |
1-15827 (Commission File Number) |
38-3519512 (IRS Employer Identification No.) |
| One Village Center Drive, Van Buren Township, Michigan (Address of principal executive offices) |
48111 (Zip Code) |
Registrant’s telephone number, including area code (800)-VISTEON
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:
o Written communication 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 240.13e4(c))
Table of Contents
- 2 -
SECTION 8 — OTHER EVENTS
Item 8.01. Other Events.
On February 9, 2005, the registrant issued a press release relating to the decision of the registrant’s Board of Directors to suspend the registrant’s quarterly cash dividend on its common stock. The press release, filed as Exhibit 99.1 to this Current Report on Form 8-K, is incorporated herein by reference.
SECTION 9 — FINANCIAL STATEMENTS AND EXHIBITS
Item 9.01. Financial Statements and Exhibits.
| Exhibit No. | Description | |
99.1
|
Press release dated February 9, 2005 |
Table of Contents
- 3 -
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.
| VISTEON CORPORATION |
||||
| Date: February 10, 2005 | By: | /s/ Stacy L. Fox | ||
| Stacy L. Fox | ||||
| Senior Vice President, General Counsel and Secretary | ||||
Table of Contents
Exhibit 99.1
| NEWS RELEASE — For Immediate Release |  |
Visteon Suspends Quarterly Cash Dividend
VAN BUREN TOWNSHIP, Mich., Feb. 9, 2005 — The Board of Directors of Visteon Corporation (NYSE: VC) today announced a decision to suspend the company’s quarterly cash dividend on its common stock. The previous quarterly dividend was $0.06 per share paid in December 2004.
The Board of Directors determined that the suspension of the dividend is the prudent course of action at this time. The Board will re-evaluate the company’s dividend policy on an ongoing basis, and will set any future dividends based on an evaluation of all relevant factors.
Visteon Corporation is a leading full-service supplier that delivers consumer-driven technology solutions to automotive manufacturers worldwide and through multiple channels within the global automotive aftermarket. Visteon has about 70,000 employees and a global delivery system of more than 200 technical, manufacturing, sales, and service facilities located in 25 countries.
###
Visteon news releases, photographs and product specification details
are available at www.visteon.com
| Contacts: | ||||||
| Media Inquiries | Investor Inquiries | |||||
| Name: Kimberly A. Welch | Name: Derek Fiebig | Visteon Corporation | ||||
| Phone: 734-710-5593 | Phone: 734-710-5800 | One Village Center Drive | ||||
| E-mail: kwelch5@visteon.com | E-mail: dfiebig@visteon.com | Van Buren Twp., Mich., 48111 |