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) | April 18, 2018 |
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| PTC Inc. |
| (Exact Name of Registrant as Specified in Its Charter) |
| |
| Massachusetts |
| (State or Other Jurisdiction of Incorporation) |
| |
| 0-18059 | 04-2866152 |
| (Commission File Number) | (IRS Employer Identification No.) |
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140 Kendrick Street Needham, Massachusetts | 02494-2714 |
| (Address of Principal Executive Offices) | (Zip Code) |
| |
| (781) 370-5000 |
| (Registrant’s Telephone Number, Including Area Code) |
| |
| |
| (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 (see General Instruction A.2. below): |
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| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| ☐ | 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)) |
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| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Section 2 - Financial Information
Item 2.02.
Results of Operations and Financial Condition.
On April 18, 2018, PTC Inc. announced its financial results for its second quarter ended March 31, 2018. PTC also posted a copy of its supplemental prepared remarks about the completed quarter on the Investor Relations section of its website at www.ptc.com. Copies of the press release and the prepared remarks are furnished herewith as Exhibits 99.1 and 99.2, respectively.
Section 7 – Regulation FD
Item 7.01
Regulation FD Disclosure
On April 18, 2018, PTC Inc. announced that it intends to repurchase $100 Million of its common stock under an accelerated repurchase agreement it expects to enter into on April 20, 2018 as part of its previously announced stock repurchase program. PTC expects the repurchase to be completed in the third quarter of its fiscal 2018 ending June 30, 2018. PTC may be unable to enter into the repurchase agreement when or as planned if intervening events occur.
Section 9 - Financial Statements and Exhibits
Item 9.01.
Financial Statements and Exhibits.
(d) Exhibits.
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.
| | PTC Inc. | |
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| Date: April 18, 2018 | By: | /s/ Andrew Miller | |
| | | Andrew Miller | |
| | | Executive Vice President and Chief Financial Officer |
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