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): October 20, 2004
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PARK ELECTROCHEMICAL CORP.
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(Exact Name of Registrant as Specified in Charter)
New York 1-4415 11-1734643
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(State or Other Jurisdication (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
5 Dakota Drive, Lake Success, New York 11042
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (516)354-4100
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Not Applicable
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Former Name or Former Address, if Changed Since Last Report
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:
[ ] Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-
2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-
4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
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Park Electrochemical Corp. (the "Company") issued
a news release on October 20, 2004 reporting that its Board
of Directors has authorized the Company's purchase, on the
open market and in privately negotiated transactions, of up
to 2,000,000 shares of its common stock, representing
approximately 10% of the Company's 19,899,389 total
outstanding shares as of the close of business on October
19, 2004, and reporting that this authorization replaces the
Board of Directors' previous authorizations in June and
September 1998 to purchase up to a total of 3,959,970 shares
of the Company's common stock, that the Company purchased a
total of 1,654,800 shares pursuant to the previous
authorizations at an average share cost of $8.129, that all
of such shares were purchased in September 1998, that there
were 2,305,170 shares available to be purchased by the
Company pursuant to the previous share purchase
authorizations, which have been terminated by the Board of
Directors of the Company, and that purchases by the Company
pursuant to the new Board of Directors' authorization may
occur from time to time in the future.
The Company is furnishing the news release to the Securities
and Exchange Commission pursuant to Item 8.01 of Form 8-K as
Exhibit 99.1 hereto.
Item 9.01 Financial Statements and Exhibits.
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(c) Exhibits.
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99.1 News Release dated October 20, 2004
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.
PARK ELECTROCHEMICAL CORP.
Date: October 21, 2004 By: /s/Murray O. Stamer
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Name: Murray O. Stamer
Title: Senior Vice President and
Chief Financial Officer
EXHIBIT INDEX
Number
Exhibit Description Page
99.1 News Release dated October 20, 2004 5