Ikon Office Solutions (IKN) 8-K Ikon Announces Share Repurchase Authorization Increases by $150 Million; Company Holds Annual Meeting of Shareholders

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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) February 22, 2006

IKON Office Solutions, Inc.

(Exact name of registrant as specified in its charter

OHIO	File No. 1-5964	23-0334400
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification Number)

70 Valley Stream Parkway, Malvern, Pennsylvania 19355

Registrant’s telephone number, including area code:(610) 296-8000

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 (seeGeneral 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 February 22, 2006, IKON Office Solutions, Inc. (the “Company”) issued a press release announcing that the Company’s Board of Directors (the “Board”) authorized a $150 million increase to the Board’s existing March 2004 $250 million share repurchase authorization, resulting in a new authorization of up to $400 million, and that it held its Annual Meeting of Shareholders earlier that day (the “Annual Meeting”). A copy of this press release is furnished as Exhibit 99.1 to this report.

Submission of Matters to a Vote of Security Holders

At the Annual Meeting, the Company’s shareholders approved the (i) election of the Company’s ten director nominees to hold office until their successors are duly elected and qualified, (ii) IKON Office Solutions, Inc. 2006 Omnibus Equity Compensation Plan (the “Omnibus Plan”), and (iii) ratification of the Company’s selection of PricewaterhouseCoopers LLP as its independent auditor for the fiscal year ending September 30, 2006 (“PwC Ratification”). Proxies were solicited for the Annual Meeting pursuant to Regulation 14A of the Securities Exchange Act of 1934, as amended.

The results of the director elections are set forth in the table below.

Director	Votes For		Abstentions
Philip E. Cushing		123,377,240		2,093,195
Matthew J. Espe		122,598,461		2,871,974
Thomas R. Gibson		120,154,949		5,315,486
Richard A. Jalkut		123,051,304		2,419,131
Arthur R. Johnson		120,163,071		5,307,364
Kurt M. Landgraf		122,473,166		2,997,269
Gerald Luterman		120,155,393		5,315,042
William E. McCracken		120,129,464		5,340,971
William L. Meddaugh		123,005,051		2,465,384
Anthony P. Terracciano		123,099,406		2,371,029

The voting results relating to the Omnibus Plan and the PwC Ratification proposals are set forth in the table below.

Proposal	Votes For		Votes Against		Abstentions
Omnibus Plan		70,670,706		26,751,521		215,680
PwC Ratification		120,295,406		2,650,727		2,524,301

Item 9.01. Financial Statements and Exhibits.

The following exhibit shall be deemed to be filed or furnished, depending on the relevant item requiring such exhibit, in accordance with the provisions of Item 601 of Regulation S-K:

     99.1 Press Release dated February 22, 2006

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.

IKON OFFICE SOLUTIONS, INC.
By:	/s/ ROBERT F. WOODS
	Robert F. Woods
	Senior Vice President and Chief Financial Officer

Dated: February 23, 2006