Hawkeye Acquisition (MDP) 8-K Meredith Board Approves Share Repurchase Authorization and Declares Dividend

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):  August 9, 2006

MEREDITH CORPORATION

(Exact name of registrant as specified in its charter)

IOWA		1-5128	42-0410230
(State or other jurisdiction of incorporation or organization)		(Commission file number)	(I.R.S. Employer Identification No.)
1716 Locust Street, Des Moines, Iowa			50309-3023
(Address of principal executive offices)			(Zip Code)
		(515) 284-3000
	(Registrant's telephone number, including area code)

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 August 9, 2006, the Board of Directors of Meredith Corporation authorized the repurchase of up to 3.0 million additional shares of the Company's stock as part of its existing share repurchase plan. The Company's news release concerning the authorization is attached as an exhibit.

Item 9.01 Financial Statements and Exhibits

(c)	Exhibits
	99	News release issued by Meredith Corporation dated August 9, 2006, concerning the authorization by its Board of Directors to repurchase up to 3.0 million additional shares of the Company's stock.

	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, thereunto duly authorized.
	MEREDITH CORPORATION Registrant
	/s/ Suku V. Radia
	Suku V. Radia Vice President - Chief Financial Officer (Principal Financial and Accounting Officer)

Date: August 9, 2006

Index to Exhibits

Exhibit Number	Item
99	News release issued by Meredith Corporation dated August 9, 2006, concerning the authorization by its Board of Directors to repurchase up to 3.0 million additional shares of the Company's stock.