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): January 22, 2013
HKN, INC.
(Exact Name of registrant as specified in its charter)
Delaware | | 1-10262 | | 95-2841597 |
(State or other jurisdiction of
incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
180 State Street, Suite 200
Southlake, Texas | | 76092 |
(Address of Principal Executive Offices) | | (Zip Code) |
Registrant’s telephone number, including area code: (817) 424-2424
Former Name or Former Address, if Changed Since Last Report: Not applicable
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 January 22, 2013, HKN, Inc. (the “Company”) announced that the Company’s Board of Directors has authorized the cancellation of its existing stock repurchase program which was originally announced in September 2005. The Company’s Board of Directors has also authorized a new stock repurchase program which will allow the Company to buy back up to forty-five thousand shares of its common stock. All repurchases will be made from time to time when opportunities to do so at favorable prices present themselves in compliance with all applicable laws and regulations including the Securities and Exchange Commission rules.
The announcement is contained in a press release from the Company that is attached hereto as Exhibit 99.1.
ITEM 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit
Number | | Description |
| | |
99.1 | | Press Release issued by HKN, Inc. on January 22, 2013 |
SIGNATURE
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.
Dated: January 22, 2013 | HKN, Inc. |
| |
| |
| By: | /s/ Sarah B. Gasch |
| | Sarah B. Gasch |
| | Executive Vice President and |
| | Chief Financial Officer |
2
