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 27, 2011

                            TECHNE CORPORATION
             (Exact Name of Registrant as Specified in Charter)


       Minnesota                     0-17272             41-1427402
(State or Other Jurisdiction       (Commission         I.R.S. Employer
of Incorporation)                  File Number)      Identification No.)

                614 Mckinley Place NE
                   Minneapolis, MN                       55413
       (Address of Principal Executive Offices)       (Zip Code)

     Registrant's telephone number, including area code:  (612) 379-8854

                              Not Applicable
      (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 obligations 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 5.07 Submission of Matters to a Vote of Security Holders. The Company's Annual Meeting of Shareholders was held on October 27, 2011 in Minneapolis, Minnesota, pursuant to the Notice of the 2011 Annual Meeting of Shareholders and the Proxy Statement. At the meeting, 35,083,275 shares were represented in person or by proxy, which constituted a quorum. Each of the proposals listed below was approved by the shareholders pursuant to the voting results set forth below. 1. Number of directors set at nine: For Against Abstain Broker Non-Vote -------- ------- ------- --------------- 34,729,408 327,661 26,206 0 2. Election of directors: For Withheld Broker Non-Vote ----------- ---------- --------------- Thomas E. Oland 31,729,676 441,640 2,911,959 Roger C. Lucas, Ph.D. 32,010,294 161,022 2,911,959 Howard V. O'Connell 31,858,695 312,621 2,911,959 Randolph C. Steer, M.D., Ph.D. 31,861,142 310,174 2,911,959 Robert V. Baumgartner 29,608,203 2,563,113 2,911,959 Charles A. Dinarello, M.D. 15,031,114 17,140,202 2,911,959 Karen A. Holbrook, Ph.D. 32,085,399 85,917 2,911,959 John L. Higgins 31,673,834 497,482 2,911,959 Roeland Nusse, Ph.D. 23,038,265 9,133,051 2,911,959 3. Non-binding vote on named executive officer compensation: For Against Abstain Broker Non-Vote -------- ------- ------- --------------- 31,807,548 61,552 302,216 2,911,959 4. Non-binding vote on the frequency of named executive officer compensation votes: 1 Year 2 Year 3 Year Abstain Broker Non-Vote -------- ------- ------- ------- --------------- 29,198,792 241,801 2,433,798 296,925 2,911,959 Item 8.01 Other Events During the quarter ended September 30, 2011, Techne purchased and retired 149,860 shares of common stock at a market value of $10.7 million. 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. Dated: October 31, 2011 TECHNE CORPORATION By: /s/ Thomas E. Oland --------------------------- Name: Thomas E. Oland Title: President and Chief Executive Officer