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 28, 2006
NN, INC.
(Exact name of registrant as specified in its charter)
| Delaware | 0-23486 | 62-1096725 |
(State or other jurisdiction of incorporation | (Commission File Number) | (IRS Employer Identification No.) |
2000 Waters Edge Drive Johnson City, Tennessee | 37604 |
| (Address of principal executive offices) | (Zip Code) |
Registrant's telephone number, including area code: (423)743-9151
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 February 28, 2006, NN, Inc. (the “Company”) announced in its previously filed press release that its board of directors had authorized a new stock repurchase plan. Under this plan the Company is authorized to repurchase from time to time during the next 18 months in open market or private transactions, in accordance with applicable laws and regulations, up to $10 million in common stock of the Company. The amount of stock subject to the repurchase plan represents approximately 5% of the Company's outstanding stock based on the current market price.
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.
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| Date: March 6, 2006 | By: | /s/ William C. Kelly, Jr. |
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| | Title: Vice President and Chief Administrative Officer |
