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EX-99.1 - EXHIBIT 99.1 - CSRA Inc.ex991csracscjointpressrele.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): November 30, 2015
 
 
 
CSRA INC.
 
(Exact name of Registrant as specified in its charter)
 
Nevada
001-37494
47-4310550
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
 
3170 Fairview Park Drive
22042
Falls Church, Virginia
(Zip Code)
(Address of Principal Executive Offices)
 
 
Registrant’s telephone number, including area code
703-642-2000
 
 
(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 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.

On November 30, 2015, CSRA Inc. (the “Company”) and Computer Sciences Corporation (“CSC”) issued a joint press release announcing the completion of the Company’s separation from CSC and its combination with SRA International, Inc. and the Company announced that its board of directors (the “Board”) had declared a quarterly cash dividend of $0.10 per share.

The Board also authorized a share repurchase program (the “Share Repurchase Program”), pursuant to which the Company may, from time to time, purchase shares of its common stock for an aggregate purchase price not to exceed $400 million. The share repurchases may be executed through various means, including, without limitation, open market transactions, privately negotiated transactions or otherwise. The Share Repurchase Program does not obligate the Company to purchase any shares, and expires in three years. The authorization for the Share Repurchase Program may be terminated, increased or decreased by the Board in its discretion at any time.

A copy of the press release is attached hereto as Exhibit 99.1.


Item 9.01    Financial Statements and Exhibits.

(d) Exhibits

The following exhibit is filed herewith.
 
 
 
Exhibit No.
 
Description
99.1
 
Press release, dated November 30, 2015


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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 thereto duly authorized.

 
 
CSRA INC.
 
 
 
 
 
Dated: November 30, 2015
By: /s/ Lawrence B. Prior III
 
 
Lawrence B. Prior III
 
 
President and Chief Executive Officer

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Exhibit Index
Exhibit No.
 
Description
99.1
 
Press release, dated November 30, 2015
 
 
 


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