Universal Electronics Inc 8-K, filed Sep 17, 2020
Universal Electronics Inc (UEIC)
8-K
2020-09-17
For: 2020-09-15
View Original
Added on
April 06, 2026
About this 8-K
Universal Electronics Inc filed this 8-K on September 17, 2020, reporting on events of September 15, 2020.
Items reported
- Item 8.01: Other events
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTIONS 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): September 15, 2020
(Exact name of Registrant as specified in its charter)
(State or other jurisdiction | (Commission File No.) | (I.R.S. Employer | ||||||
of incorporation or organization) | Identification No.) | |||||||
(Address of principal executive offices, with Zip Code)
(480 ) 530-3000
(Registrant’s telephone number, including area code):
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:
| Securities registered pursuant to Section 12(b) of the Act: | ||||||||||||||
| Title of each class | Trading Symbols | Name of each exchange on which registered | ||||||||||||
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.¨
TABLE OF CONTENTS
Item 8.01 Other Events
Share Repurchase Program
On September 15, 2020, the Board of Directors of Universal Electronics Inc. (the “Company”) authorized a new share repurchase program (the “Share Repurchase Program”), which replaces in its entirety the Company’s previous repurchase program in place prior to September 15, 2020. Pursuant to the Repurchase Program, the Company may, from time to time until November 5, 2020, repurchase up to 300,000 shares of its common stock in privately negotiated and/or open-market transactions, including pursuant to plans complying with Rule 10b5-1 promulgated under the Securities Exchange Act of 1934. The Share Repurchase Program does not obligate the Company to repurchase any shares of its common stock, and any repurchases of shares will be subject to market and other conditions and may be discontinued at any time.
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SIGNATURE
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 thereunto duly authorized.
| Universal Electronics Inc. | |||||||||||
| Date: | September 17, 2020 | By: /s/ Bryan M. Hackworth | |||||||||
| Bryan M. Hackworth | |||||||||||
| Chief Financial Officer | |||||||||||
| (Principal Financial Officer) | |||||||||||
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