| 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): March 10, 2015 | ||
TAUBMAN CENTERS, INC. | ||
| (Exact Name of Registrant as Specified in its Charter) | ||
| Michigan | ||
| (State of Other Jurisdiction of Incorporation) | ||
| 1-11530 | 38-2033632 | |
| (Commission File Number) | (I.R.S. Employer Identification No.) | |
200 East Long Lake Road, Suite 300, Bloomfield Hills, Michigan | 48304-2324 | |
| (Address of Principal Executive Office) | (Zip Code) | |
Registrant’s Telephone Number, Including Area Code: (248) 258-6800 | ||
| None | ||
| (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): | ||
| 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 March 10, 2015, Taubman Centers, Inc. (the Company) issued a press release announcing that the Company's Board of Directors has increased its share repurchase program by $250 million. This increase to the $200 million share repurchase program authorized in August of 2013 brings the Company's total authorization to $450 million. Since this share repurchase program’s inception, the Company has purchased 1,880,301 shares of its common stock at an average price of $70.48 per share or $132.5 million.
Item 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
| Exhibit | Description |
| 99 | Press Release, dated March 10, 2015, entitled “Taubman Centers Increases Share Repurchase Program by $250 Million” |
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.
Date: March 10, 2015 | TAUBMAN CENTERS, INC. |
| By: /s/ Chris B. Heaphy | |
| Chris B. Heaphy | |
| Assistant Secretary | |
EXHIBIT INDEX
| Exhibit | Description |
| 99 | Press Release, dated March 10, 2015, entitled “Taubman Centers Increases Share Repurchase Program by $250 Million” |