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): June 17, 2011
AEP INDUSTRIES INC.
(Exact name of registrant as specified in its charter)
DELAWARE | 0-14450 | 22-1916107 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification Number) | ||
125 Phillips Avenue, South Hackensack, New Jersey | 07606 | |||
(Address of principal executive offices) | (Zip code) |
Registrants telephone number, including area code: (201) 641-6600
Former name or former address, if changed since last report: N/A
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 |
On June 17, 2011, the Company repurchased 650,000 shares of its common stock in privately negotiated transactions at an aggregate purchase price of $19.0 million, or approximately $29.30 per share. The purchase price per share represented a discount of 1.9% to the closing price of the Companys common stock on June 17, 2011. After giving effect to the repurchase of the above-mentioned shares made under the September 2010 Stock Repurchase Program, $1.0 million remains available for repurchase under such program.
SIGNATURES
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.
AEP INDUSTRIES INC. | ||||||
Date: June 21 , 2011 | By: | /s/ LINDA N. GUERRERA | ||||
Linda N. Guerrera | ||||||
Vice President and Controller |
2