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EX-99.1 - EXHIBIT 99.1 - EDUCATION MANAGEMENT CORPORATIONv243154_ex99-1.htm
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):  December 15, 2011 (December 15, 2011)
 
Education Management Corporation

(Exact name of registrant as specified in its charter)
 
Pennsylvania
 
001-34466
 
   25-1119571
 (State or other jurisdiction
 
(Commission
 
(IRS Employer
of incorporation)
 
File Number)
 
Identification No.)

210 Sixth Avenue, Pittsburgh, Pennsylvania
 
15222
(Address of principal executive offices)
 
(Zip code)
 
Registrant's telephone number, including area code: (412) 562-0900
 
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.):
 
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))
 
 
 

 
 
Item 8.01. – Other Events

On December 15, 2011, Education Management Corporation (the “Company”) announced an increase to the size of its stock repurchase program under which the Company may purchase shares its common stock from $325.0 million to $375.0 million.  The Company also extended the date through which the purchases may occur from June 30, 2012 to December 31, 2012.  A copy of the press release is attached hereto as an exhibit and incorporated herein by reference.

A copy of the related press release is attached hereto as an exhibit and incorporated herein by reference.

Item 9.01 – Financial Statements and Exhibits

(a)           None.

(b)           None.

(c )           None.

(d)           Exhibits
Exhibit 99.1 Press Release dated December 15, 2011
 
 
 

 
 
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.
 
 
 
EDUCATION MANAGEMENT CORPORATION
 
       
 
By:
/s/ Edward H. West  
   
Edward H. West
 
   
President and Chief Financial Officer
 
       
Dated:  December 15, 2011

 
 

 
 
EXHIBIT INDEX
 

Exhibit No.
Description
   
99.1
Press release dated December 15, 2011