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) | October 4, 2013 |
Transcat, Inc. |
(Exact name of registrant as specified in its charter) |
Ohio | 000-03905 | 16-0874418 |
(State or other jurisdiction | (Commission | (IRS Employer |
of incorporation) | File Number) | Identification No.) |
35 Vantage Point Drive, Rochester, New York | 14624 | |||||
(Address of principal executive offices) | (Zip Code) |
Registrant's telephone number, including area code | 585-352-7777 |
(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 communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01 Other Events.
On October 4, 2013, Transcat, Inc. (the “Company”) repurchased 696,138 shares of its common stock from an unaffiliated shareholder in a privately-negotiated transaction for $8.10 per share. The transaction, which reflects the Company’s belief in the investment value of its common stock, was authorized by the board of directors and complies with the terms of the Company’s current credit facility.
The press release announcing the repurchase is attached to this Form 8-K as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. | Description | |||
99.1 | Transcat, Inc. Press Release dated October 7, 2013 |
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.
TRANSCAT, INC. | |||
Dated: October 9, 2013 | By: | /s/ John J. Zimmer | |
John J. Zimmer | |||
Senior Vice President of Finance and Chief Financial Officer |