Item 8.01. Other Events.
On
Repurchases under the program may be made in the open market, in privately negotiated transactions or otherwise, with the amount and timing of repurchases depending on market conditions and corporate needs. Open market repurchases will be structured to occur within the pricing and volume requirements of Rule 10b-18. The Company may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of its shares under this authorization.
This program does not obligate the Company to acquire any particular amount of Common Stock and the program may be extended, modified, suspended or discontinued at any time at the Company's discretion.
Forward-Looking Statements
Except for historical information, all of the statements, expectations, and
assumptions contained in this Current Report on Form 8-K are forward-looking
statements as that term is defined in the Private Securities Litigation Reform
Act of 1995, including statements regarding the Company's stock repurchase
program. Actual results may differ materially from those explicit or implicit in
the forward-looking statements. Important factors that could cause actual
results to differ materially include, but are not limited to: the fact that
Common Stock repurchases may not be conducted in the timeframe or in the manner
the Company expects, or at all, and the other risk factors disclosed in the
Company's Annual Report on Form 10-K for the year ended
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