SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of January, 2009
Shaw Communications Inc.
Suite 900, 630 – 3rd Avenue S.W., Calgary, Alberta T2P 4L4 (403) 750-4500
Indicate by check mark whether the registrant files or will file annual reports under cover of
Form 20-F or Form 40-F:
Form 20-F o
|
Form 40-F þ |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(7): o
Indicate by check mark whether by furnishing the information contained in this Form, the
registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b)
under the Securities Exchange Act of 1934.
Yes o
|
No þ |
If “ Yes” is marked, indicate below the file number assigned to the registrant in connection
with Rule 12g3-2(b): 82-
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant, Shaw
Communications Inc., has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
| Date: | January 15, 2009 |
|
Shaw Communications Inc. |
By:
/s/ Steve Wilson
Steve Wilson
Sr. V.P., Chief Financial Officer
Shaw Communications Inc.
/s/ Steve Wilson
Sr. V.P., Chief Financial Officer
Shaw Communications Inc.
NEWS RELEASE
SHAW ANNOUNCES 5% INCREASE IN DIVIDENDS TO $0.84 PER ANNUM
Calgary, Alberta (January 15, 2009) — Shaw Communications Inc. (“Shaw”) announced today that its
Board of Directors has increased the equivalent annual dividend rate to $0.84 on Shaw’s Class B
Non-Voting Participating Shares and $0.8375 on Shaw’s Class A Participating Shares. This
represents an increase of 5% or $0.04 per share. Shaw’s dividends are declared and paid on a
monthly basis and this increase will commence March 30, 2009.
The Company continues to deliver solid operational and financial results which demonstrate the
strength of its competitive positive and prospects for future growth. Accordingly, Shaw’s Board of
Directors determined that a dividend increase at this time is an appropriate use of the Company’s
free cash flow. Based on the January 14 closing stock price, the new dividend rate represents a
yield of 4.2%.
Based upon this increase in the dividend rates, Shaw’s Board of Directors declared monthly
dividends of $0.07 on Shaw’s Class B Non-Voting Participating Shares and $0.069792 on Shaw’s Class
A Participating Shares, payable on each of March 30, 2009, April 29, 2009 and May 28, 2009 to all
holders of record at the close of business March 15, 2009, April 15, 2009 and May 15, 2009,
respectively.
The foregoing dividends are designated as “eligible” dividends for the purposes of the Income Tax
Act (Canada) and any similar provincial legislation.
Shaw’s Board of Directors reviews the applicable dividend rates on a quarterly basis. Shareholders
are entitled to receive dividends only when any such dividends are declared by Shaw’s Board of
Directors, and there is no entitlement to any dividend prior thereto.
Shaw Communications Inc. is a diversified communications company whose core business is providing
broadband cable television, High-Speed Internet, Digital Phone, telecommunications services
(through Shaw Business Solutions) and satellite direct-to-home services (through Star Choice). The
Company serves over 3.4 million customers, including 1.6 million Internet and 670,000 Digital Phone
customers, through a reliable and extensive network, which comprises over 625,000 kilometres of
fibre. Shaw is traded on the Toronto and New York stock exchanges and is included in the S&P/TSX
60 Index (Symbol: TSX — SJR.B, NYSE — SJR).
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For further information, please contact:
Shaw Investor Relations
investor.relations@sjrb.ca
investor.relations@sjrb.ca