0001144204-17-027856.txt : 20170516 0001144204-17-027856.hdr.sgml : 20170516 20170516125457 ACCESSION NUMBER: 0001144204-17-027856 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20170516 FILED AS OF DATE: 20170516 DATE AS OF CHANGE: 20170516 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AUDIOCODES LTD CENTRAL INDEX KEY: 0001086434 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-30070 FILM NUMBER: 17847814 BUSINESS ADDRESS: STREET 1: 1 HAYARDEN STREET CITY: AIRPORT CITY, LOD, ISRAEL STATE: L3 ZIP: 70151 BUSINESS PHONE: 97239764000 MAIL ADDRESS: STREET 1: PO BOX 255 CITY: BEN GURION AIRPORT STATE: L3 ZIP: 70100 6-K 1 v467187_6k.htm FORM 6-K

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

Report of Foreign Private Issuer

 

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

 

For the Month of May 2017

 

Commission file number 0-30070

 

AUDIOCODES LTD.

(Translation of registrant’s name into English)

 

1 Hayarden Street • Airport City, Lod 7019900 • ISRAEL

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F x    Form 40-F ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____

 

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____

 

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

 

 

 

 

 

 

On May 16, 2017, AudioCodes Ltd. (the “Registrant”) issued a press release announcing that it has received court approval to repurchase up to an additional $15 million of its ordinary shares through November 15, 2017. A copy of the press release is attached hereto as Exhibit 1 and incorporated by reference herein.

 

The information set forth in the press release attached as Exhibit 1 to this Report on Form 6-K are hereby incorporated by reference into (i) the Registrant’s Registration Statement on Form S-8, File No. 333-11894; (ii) the Registrant’s Registration Statement on Form S-8, File No. 333-13268; (iii) the Registrant’s Registration Statement on Form S-8, File No. 333-105473; (iv) the Registrant’s Registration Statement on Form S-8, File No. 333-144825; (v) the Registrant’s Registration Statement on Form S-8, File No. 333-160330; (vi) the Registrant’s Registration Statement on Form S-8, File No. 333-170676; (vii) the Registrant’s Registration Statement on Form S-8, File No. 333-190437; and (viii) the Registrant’s Registration Statement on Form S-8, File No. 333-210438.

 

 

 

 

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.

 

  AUDIOCODES LTD.  
  (Registrant)  
       
       
       
  By: /s/ NIRAN BARUCH  
         Niran Baruch  
    Vice President Finance and  
    Chief Financial Officer  

  

 

Dated: May 16, 2017

 

 

 

 

EXHIBIT INDEX

 

Exhibit No.

Description

1

Press release, dated May 16, 2017, announcing court approval of additional share repurchases through November 15, 2017. 

 

 

 

EX-99.1 2 v467187_ex1.htm EXHIBIT 1

 

 

 

Exhibit 1

 

Company Contact   IR Agency Contact

Shirley Nakar-Orgad,
Director, Investor Relations
AudioCodes

Tel: +972-3-976-4000

shirley@audiocodes.com

 

Philip Carlson

KCSA Strategic Communications

Tel: +1-212-896-1233

audc@kcsa.com

 

 

 

AudioCodes Receives Approval for Extension of Share
Repurchase Program

 

Lod, Israel – May 16, 2017 – AudioCodes (NASDAQ: AUDC), a leading provider of converged voice solutions that enable enterprises and service providers to transition to all-IP voice networks, today announced that it has received court approval to repurchase up to an additional $15 million of its Ordinary Shares, NIS 0.01 nominal value, through November 15, 2017. The share repurchases will be funded from available working capital.

 

Share purchases will take place in open market transactions or in privately negotiated transactions and may be made from time to time depending on market conditions, share price, trading volume and other factors. Such purchases will be made in accordance with all applicable securities laws and regulations. For all or a portion of the authorized repurchase amount, AudioCodes may enter into a plan that is compliant with Rule 10b5-1 of the United States Securities Exchange Act of 1934 that is designed to facilitate these purchases. The repurchase program does not require AudioCodes to acquire a specific number of shares, and may be suspended from time to time or discontinued.

 

Follow AudioCodes’ social media channels:

 

AudioCodes invites you to join our online community and follow us on: AudioCodes Voice Blog, LinkedIn, Twitter, Facebook, and YouTube.

 

To download AudioCodes’ investor relations app, which offers access to its SEC filings, press releases, videos, audiocasts and more, please visit Apple's App Store for the iPhone and iPad or Google Play for Android mobile devices.

 

About AudioCodes

 

AudioCodes Ltd. (NASDAQ, TASE: AUDC) designs, develops and sells advanced Voice-over-IP (VoIP) and converged VoIP and Data networking products and applications to Service Providers and Enterprises. AudioCodes is a VoIP technology market leader, focused on converged VoIP and data communications, and its products are deployed globally in Broadband, Mobile, Enterprise networks and Cable. The Company provides a range of innovative, cost-effective products including Media Gateways, Multi-Service Business Routers, Session Border Controllers (SBC), Residential Gateways, IP Phones, Media Servers, Value Added Applications and Professional Services. AudioCodes’ underlying technology, VoIPerfectHD™, relies on AudioCodes’ leadership in DSP, voice coding and voice processing technologies. AudioCodes’ High Definition (HD) VoIP technologies and products provide enhanced intelligibility and a better end user communication experience in Voice communications. For more information on AudioCodes, visit http://www.audiocodes.com.

 

AudioCodes Receives Approval for Extension of Share Repurchase Program

 

Page 1 of 2

 

 

Statements concerning AudioCodes' business outlook or future economic performance; product introductions and plans and objectives related thereto; and statements concerning assumptions made or expectations as to any future events, conditions, performance or other matters, are "forward-looking statements'' as that term is defined under U.S. Federal securities laws. Forward-looking statements are subject to various risks, uncertainties and other factors that could cause actual results to differ materially from those stated in such statements. These risks, uncertainties and factors include, but are not limited to: the effect of global economic conditions in general and conditions in AudioCodes' industry and target markets in particular; shifts in supply and demand; market acceptance of new products and the demand for existing products; the impact of competitive products and pricing on AudioCodes' and its customers' products and markets; timely product and technology development, upgrades and the ability to manage changes in market conditions as needed; possible need for additional financing; the ability to satisfy covenants in the Company’s loan agreements; possible disruptions from acquisitions; the ability of AudioCodes to successfully integrate the products and operations of acquired companies into AudioCodes’ business; and other factors detailed in AudioCodes' filings with the U.S. Securities and Exchange Commission. AudioCodes assumes no obligation to update the information in this release.

 

©2017 AudioCodes Ltd. All rights reserved. AudioCodes, AC, HD VoIP, HD VoIP Sounds Better, IPmedia, Mediant, MediaPack, What’s Inside Matters, OSN, SmartTAP, User Management Pack, VMAS, VoIPerfect, VoIPerfectHD, Your Gateway To VoIP, 3GX, VocaNom, AudioCodes One Voice and CloudBond are trademarks or registered trademarks of AudioCodes Limited. All other products or trademarks are property of their respective owners. Product specifications are subject to change without notice.

 

AudioCodes Receives Approval for Extension of Share Repurchase Program

 

Page 2 of 2

 

 

GRAPHIC 3 image_001.jpg GRAPHIC begin 644 image_001.jpg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end