Commerce Group 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)
November
17, 2006
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
November
17, 2006
Section
8. Other Events
Item
8.01
Other Events
On
November
17, 2006, 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 5,000,000. During the fourth quarter of 2006, the Company
repurchased 242,732 shares, which left 1,473,868 shares eligible to be
repurchased under the previous program. As a result, the amended program
authorized an additional 3,526,132 shares for repurchase.
Section
9. Financial Statements and Exhibits
Item
9.01
Financial Statements and Exhibits
(d)
Exhibits
Exhibit
99.1 Press Release dated
November 17, 2006
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.
November
17, 2006
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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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