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 20, 2006
WHITE ELECTRONIC DESIGNS CORPORATION
(Exact Name of Registrant as Specified in Charter)
| | | | | |
| Indiana | | 1-4817 | | 35-0905052 |
| | | | | |
(State or Other Jurisdiction of
Incorporation) | | (Commission
File Number) | | (IRS Employer
Identification No.) |
| | | |
| 3601 E. University Drive, Phoenix, Arizona | | 85034 |
| |
| (Address of Principal Executive Offices) | | (Zip Code) |
(602) 437-1520
(Registrant’s telephone number, including area code) Not applicable
(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:
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 June 20, 2006, the Company announced that its Board of Directors authorized a stock repurchase program. The Company can repurchase up to 5% of its outstanding common stock. The timing and amount of repurchase transactions under this program will depend on market conditions and corporate and regulatory considerations. The duration of the repurchase program is open-ended.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
| | | |
| 99.1 | | Press release dated June 20, 2006 announcing that on June 20, 2006, the Board of Directors of the Company authorized a program to repurchase up to 5% of its outstanding common stock. |
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 thereunto duly authorized.
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| | WHITE ELECTRONIC DESIGNS CORPORATION
| |
| Date: June 21, 2006 | By: | /s/ Hamid R. Shokrgozar | |
| | Hamid R. Shokrgozar | |
| | Chairman, President and Chief Executive Officer | |
EXHIBIT INDEX
| | | |
| 99.1 | | Press release dated June 20, 2006 announcing that on June 20, 2006, the Board of Directors of the Company authorized a program to repurchase up to 5% of its outstanding common stock. |
