0001299933-13-001345.txt : 20130724 0001299933-13-001345.hdr.sgml : 20130724 20130724163913 ACCESSION NUMBER: 0001299933-13-001345 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130724 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130724 DATE AS OF CHANGE: 20130724 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Woodward, Inc. CENTRAL INDEX KEY: 0000108312 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL INDUSTRIAL APPARATUS [3620] IRS NUMBER: 361984010 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-08408 FILM NUMBER: 13983988 BUSINESS ADDRESS: STREET 1: 1000 EAST DRAKE ROAD CITY: FORT COLLINS STATE: CO ZIP: 80525 BUSINESS PHONE: 970-482-5811 MAIL ADDRESS: STREET 1: 1000 EAST DRAKE ROAD CITY: FORT COLLINS STATE: CO ZIP: 80525 FORMER COMPANY: FORMER CONFORMED NAME: WOODWARD GOVERNOR CO DATE OF NAME CHANGE: 19920703 8-K 1 htm_48150.htm LIVE FILING Woodward, Inc. (Form: 8-K)  

 

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):   July 24, 2013

Woodward, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Delaware 0-8408 36-1984010
_____________________
(State or other jurisdiction 		_____________
(Commission 		______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
1000 East Drake Road, Fort Collins, Colorado   80525
_________________________________
(Address of principal executive offices) 		  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   970-482-5811

Not Applicable
______________________________________________
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 July 24, 2013, Woodward, Inc. announced that its Board of Directors authorized a new stock repurchase program, under which up to $200 million in shares may be purchased in the open market and private transactions. The new program is scheduled to expire in July 2016.

The existing stock repurchase program, which was authorized for the same amount and was scheduled to expire in July 2013, is terminated and replaced by the new program. The company purchased approximately $100 million of stock under the existing program.

A copy of the news release announcing the stock repurchase authorization is filed as Exhibit 99.1 to this Form 8-K.





Item 9.01 Financial Statements and Exhibits.

99.1 Stock Repurchase Program Press Release dated July 24, 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.

         
    Woodward, Inc.
          
July 24, 2013   By:   /s/ A. Christopher Fawzy
       
        Name: A. Christopher Fawzy
        Title: Corporate Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer

Exhibit Index


     
Exhibit No.   Description
 
99.1
  Stock Repurchase Program Press Release dated July 24, 2013
EX-99.1 2 exhibit1.htm EX-99.1 EX-99.1

News Release

Woodward, Inc
1000 East Drake Road
Fort Collins, Colorado 80525, USA
Tel: 970-482-5811
Fax: 970-498-3058

FOR IMMEDIATE RELEASE

     
CONTACT:  
Don Guzzardo
Director, Investor Relations and Treasury

(970) 498-3580

Woodward Authorizes Stock Repurchase Program

Fort Collins, Colo., July 24, 2013—Woodward, Inc. (Nasdaq:WWD) today announced that its Board of Directors authorized a new stock repurchase program, under which up to $200 million in shares may be purchased in the open market and private transactions. The new program is scheduled to expire in July 2016.

The existing stock repurchase program, which was authorized for the same amount and was scheduled to expire in July 2013, is terminated and replaced by the new program. The company purchased approximately $100 million of stock under the existing program.

“The new stock repurchase program preserves our flexibility to strategically use our cash flow to repurchase Woodward shares and return cash to shareholders,” said Robert F. Weber, Jr., Vice Chairman, Chief Financial Officer and Treasurer.

About Woodward, Inc.
Woodward is an independent designer, manufacturer, and service provider of control solutions for the aerospace and energy markets. Our aerospace systems and components optimize the performance of fixed wing and rotorcraft platforms in the commercial, business and military aircraft, ground vehicles and other equipment. Our energy-related systems and components enhance the performance of industrial gas and steam turbines, reciprocating engines, compressors, wind turbines, electrical grids and other energy-related industrial equipment. The company’s innovative fluid energy, combustion control, electrical energy, and motion control systems help customers offer cleaner, more reliable and more efficient equipment. Our customers include leading original equipment manufacturers and end users of their products. Woodward is headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com, and connect with us at www.Facebook.com/woodwardinc.

The statements in this release concerning the company’s future sales, earnings, business performance, prospects, and the economy in general reflect current expectations and are forward-looking statements that involve risks and uncertainties, including the Company’s intent to preserve our flexibility to strategically use cash flow to repurchase Woodward shares and return cash to shareholders. Actual results could differ materially from projections or any other forward-looking statement and we have no obligation to update our forward-looking statements. Factors that could affect performance and could cause actual results to differ materially from projections and forward-looking statements are described in Woodward’s Annual Report and Form 10-K for the year ended September 30, 2012 and any subsequently filed Form 10-Q.

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