Attached files
| file | filename |
|---|---|
| EX-99.1 - EXHIBIT 99.1 - EXACTECH INC | exacform8kstkrepurchex991.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): December 2, 2015
EXACTECH, INC.
(Exact Name of Registrant as Specified in Its Charter)
Florida | 0-28240 | 59-2603930 |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
2320 NW 66th Court Gainesville, Florida 32653 |
(Address of Principal Executive Office) |
Registrant’s telephone number, including area code (352) 377-1140
(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:
[ ] 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 December 2, 2015, the board of directors of Exactech, Inc. (the “Company”) has authorized the company to buy back up to 1.0 million shares of Exactech stock over the next two years. A copy of a press release announcing the common stock repurchase authorization is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Any repurchases will be made from time to time in open market transactions. Repurchases may be made at times under 10b5-1 plans, which would permit shares to be repurchased through pre-determined criteria when the Company would otherwise be prohibited from doing so under insider trading laws. The common stock repurchases will be at the discretion of management, dependent on market conditions, applicable securities laws and other factors. This share repurchase program does not obligate the Company to acquire any particular amount of common stock, and it may be suspended or discontinued at any time, subject to the requirements of the governing 10b5-1 plan.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number | Description |
99.1 | Press Release issued by the Company on December 7, 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.
EXACTECH, INC.
Date: | December 10, 2015 | By: | /s/ Joel C. Phillips | |
Joel C. Phillips | ||||
Chief Financial Officer | ||||
EXHIBIT INDEX
Exhibit Number | Description |
99.1 | Press Release issued by the Company on December 7, 2015 |