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): July 30, 2012
ClearOne Communications, Inc.
(Exact Name of Registrant as Specified in Its Charter)
Utah
(State or Other Jurisdiction of Incorporation)
001-33660 |
| 87-0398877 |
(Commission File Number) |
| (I.R.S. employer |
5225 Wiley Post Way, Suite 500, Salt Lake City, Utah |
| 84116 |
Address of principal executive offices) |
| (Zip Code) |
(801) 975-7200
(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:
[ ] 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 communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. Other Events.
On May 16, 2012 the Board of Directors of ClearOne Communications, Inc. (the “Board”) had authorized a stock buy-back program to acquire up to $2,000,000 in the Company’s common stock during the next twelve months. On July 30, 2012 the Board authorized to increase the amount available for the stock buy-back program from $2,000,000 to $3,000,000. All purchases will be executed in accordance with applicable federal securities laws.
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 hereunto duly authorized.
| CLEARONE COMMUNICATIONS, INC. | |
|
|
|
|
|
|
|
|
|
Date: August 13, 2012 | By: | /s/ Narsi Narayanan |
|
| Narsi Narayanan |
|
| Vice President of Finance |
|
|
|