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:
June 15, 2007 (Date of earliest event reported: June 15,
2007)
RBC
BEARINGS INCORPORATED
(EXACT
NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
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Delaware
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333-124824
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95-4372080
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(State
or other jurisdiction
of
incorporation)
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(Commission
File
Number)
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(IRS
Employer
Identification
No.)
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One
Tribology Center
Oxford,
CT 06478
(Address
of Principal Executive Offices, Including Zip Code)
(203)
267-7001
(Registrant’s
Telephone Number, Including Area Code)
N/A
(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
June
15, 2007, RBC
Bearings Incorporated (the
“Company”) announced that its Board of Directors authorized the Company to
repurchase up to $10 million of the Company’s common stock, from time to time on
the open market, in block trade transactions and through privately negotiated
transactions depending on market conditions, alternative uses of capital and
other factors. Purchases may be commenced, suspended or discontinued at any
time
without prior notice. A copy of the press release announcing the Board of
Directors’ authorization of the stock repurchase is attached hereto as Exhibit
99.1 and is incorporated by reference herein.
Item 9.01
Financial Statements and Exhibits.
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Exhibit
99.1 |
Press
Release of RBC Bearings Incorporated dated June 15,
2007.
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SIGNATURES
According
to the requirements of the Securities Exchange Act of 1934, the Company has
duly
caused this report to be signed on its behalf by the undersigned, hereunto
duly
authorized.
Date:
June 15, 2007
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RBC
BEARINGS INCORPORATED
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By: |
/s/
Thomas J. Williams
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Name:
Thomas J. Williams
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Title:
Corporate General Counsel &
Secretary
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