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 10, 2005
SUN HYDRAULICS CORPORATION
(Exact name of registrant as specified in its charter)
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| Florida | | 0-21835 | | 59-2754337 |
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(State or other jurisdiction
Of incorporation) | | (Commission
File Number) | | (IRS Employer
Identification No.) |
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| 1500 West University Parkway, Sarasota, Florida | | 34243 |
| |
| (Address of principal executive offices) | | (Zip Code) |
Registrant’s telephone number, including area code 941-362-1200
(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):
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 13, 2005, the Registrant issued the press release attached hereto as Exhibit 99.1 announcing (1) the Company’s intention to purchase approximately $2,000,000 of outstanding Company stock primarily on the open market to offset the issuance of shares under certain of the Company’s compensation and benefits programs, and (2) the declaration of a $0.10 per share cash dividend on its common stock, payable on January 15, 2006, to shareholders of record as of December 31, 2005.
Item 9.01. Financial Statements and Exhibits.
| | 99.1 | | Press Release of the Registrant dated December 13, 2005. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.
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| | SUN HYDRAULICS CORPORATION
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| | By: | /s/ Richard J. Dobbyn | |
| | | Richard J. Dobbyn | |
| Dated: December 13, 2005 | | Chief Financial Officer (Principal Financial and Accounting Officer) | |
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