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): August 12, 2015

 

Preformed Line Products Company

(Exact name of registrant as specified in its charter)

         
Ohio   0-31164   34-0676895
(State or other jurisdiction
of incorporation
  (Commission File Number)   (IRS Employer
Identification No.)

 

     
660 Beta Drive
Mayfield Village, Ohio
  44143
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (440) 461-5200

 

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):

 

¨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 7.01 Regulation FD Disclosure.

 

On August 12, 2015, Preformed Line Products Company (the “Company”), announced that its Board of Directors approved a share repurchase program under which the Company is authorized to repurchase up to 238,000 of the Company’s outstanding Common Shares from time to time on the open market, including through a Rule 10b5-1 plan, or in privately negotiated transactions.

 

The timing and amount of any shares repurchased, including the terms of any Rule 10b5-1 plan, will be determined by the Company’s management based on market conditions, share price, corporate considerations, regulatory requirements and other factors. The share repurchase program does not obligate the Company to repurchase any dollar amount or number of common shares and may be suspended or discontinued at any time. Any repurchased shares will be available for use in connection with the Company's stock compensation plan and for other corporate purposes.

 

A copy of the press release announcing the share repurchase program is attached to this report as Exhibit 99.

  

ITEM 9.01 Financial Statements and Exhibits
   
Exhibit No. Description
99 Press Release

 

 

 

 

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.

  

  Preformed Line Products Company
   
   
Dated: August 12, 2015                                                  By:  /s/ Caroline Vaccariello
  Caroline Vaccariello
  General Counsel and Corporate Secretary

 

 

 

 

EXHIBIT INDEX

 

Exhibit No. Description
99 Press Release