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EX-99.1 - EXHIBIT 99.1 - JAKKS PACIFIC INCv413267_ex99-1.htm

 

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 11, 2015

 

JAKKS PACIFIC, INC.

(Exact name of registrant as specified in its charter)

 

Delaware 0-28104 95-4527222
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)

 

22619 Pacific Coast Highway, Malibu, California 90265
(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code: (310) 456-7799

 

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):

 

¨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.

 

Stock and/or Convertible Note Buy-Back

 

On June 16, 2015 we issued a press release announcing that based upon the unanimous approval of the independent directors, our Board of Directors has authorized us to purchase, from time to time through March 31, 2016, up to an aggregate of $30.0 million of our outstanding common stock and/or convertible notes through open market repurchases or in privately negotiated transactions. A copy of the press release is attached hereto.

 

Item 9.01. Financial Statements and Exhibits

 

(d)Exhibits

  

Exhibit Description
   
99.1 Press release dated June 16, 2015

 

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.

 

  JAKKS PACIFIC, INC.
     
Dated:  June 16, 2015    
  By:   /s/ JOEL M. BENNETT
    Joel M. Bennett, CFO

  

 
 

 

EXHIBIT INDEX

 

Exhibit Description
   
99.1 Press release dated June 16, 2015