0001437749-12-012785.txt : 20121213 0001437749-12-012785.hdr.sgml : 20121213 20121213063525 ACCESSION NUMBER: 0001437749-12-012785 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20121213 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20121213 DATE AS OF CHANGE: 20121213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ReachLocal Inc CENTRAL INDEX KEY: 0001297336 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING AGENCIES [7311] IRS NUMBER: 200498783 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34749 FILM NUMBER: 121260610 BUSINESS ADDRESS: STREET 1: 21700 OXNARD STREET, SUITE 1600 CITY: WOODLAND HILLS STATE: CA ZIP: 91367 BUSINESS PHONE: 8189369906 MAIL ADDRESS: STREET 1: 21700 OXNARD STREET, SUITE 1600 CITY: WOODLAND HILLS STATE: CA ZIP: 91367 8-K 1 reachlocal_8k-121312.htm FORM 8-K reachlocal_8k-121312.htm


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): December 13, 2012
 

 
REACHLOCAL, INC.
(Exact name of Registrant as specified in its charter)
 

 
Delaware
001-34749
20-0498783
(State or other jurisdiction
of incorporation)
(Commission File No.)
(I.R.S. Employer
Identification No.)
 
   
21700 Oxnard Street, Suite 1600, Woodland Hills, California
91367
(Address of principal executive offices)
(Zip Code)
 
Registrant’s telephone number, including area code: (818) 274-0260
 
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 December 13, 2012, ReachLocal, Inc. announced that its Board of Directors has amended its previously announced share repurchase program to increase the total authorized repurchase amount by $6 million, to a total authorization of $26 million. With this amendment, the remaining amount available for the repurchase of ReachLocal’s common stock under the repurchase program is approximately $10 million. Purchases will be made from time-to-time in open market or privately negotiated transactions as determined by ReachLocal’s management. The amount and timing of the share repurchases will depend on business and market conditions, stock price, trading restrictions, acquisition activity, and other factors. The repurchase program does not obligate ReachLocal to acquire any particular amount of common stock, and the repurchase program may be suspended or discontinued at any time at ReachLocal’s discretion.
 
A copy of the press release announcing the stock repurchase program is provided as Exhibit 99.1 and is incorporated by reference herein.
 
Item 9.01.     Financial Statements and Exhibits.
 
(d)     Exhibits

Exhibit 99.1
Press Release dated December 13, 2012
 
 
 

 
 
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.
 
       
Date: December 13, 2012
REACHLOCAL, INC.
 
 
By:
/s/ Ross G. Landsbaum
 
   
Ross G. Landsbaum
 
   
Chief Financial Officer
 

 
 

 
 
INDEX TO EXHIBITS

Exhibit No.
Description
99.1
Press Release dated December 13, 2012

EX-99.1 2 ex99-1.htm PRESS RELEASE ex99-1.htm
Exhibit 99.1
 
 
 
 
ReachLocal Announces Increase of Share Repurchase Program

(WOODLAND HILLS, CA) – December 13, 2012 - ReachLocal, Inc. (NASDAQ:RLOC), a leader in local online marketing solutions for small- and medium-sized businesses (SMBs), today announced that its Board of Directors has amended its previously announced share repurchase program to increase the total authorized repurchase amount by $6 million, to a total authorization of $26 million.

With this amendment, the remaining amount available for the repurchase of ReachLocal’s common stock under the repurchase program is approximately $10 million. Purchases will be made from time-to-time in open market or privately negotiated transactions as determined by ReachLocal’s management. The amount and timing of the share repurchases will depend on business and market conditions, stock price, trading restrictions, acquisition activity, and other factors. The repurchase program does not obligate ReachLocal to acquire any particular amount of common stock, and the repurchase program may be suspended or discontinued at any time at ReachLocal’s discretion.


About ReachLocal, Inc.
 
ReachLocal, Inc.’s (Nasdaq:RLOC) mission is to help small- and medium-sized businesses (SMBs) acquire, maintain and retain customers via the Internet. ReachLocal offers a comprehensive suite of online marketing solutionsincluding search engine marketing (ReachSearch™), Web presence (ReachCast™), display retargeting (ReachRetargeting™), display advertising  (ReachDisplay™), online marketing analytics (TotalTrack®) and assisted chat service (TotalLiveChat™), each targeted to the SMB market. ReachLocal delivers this suite of services to SMBs through a combination of its proprietary technology platform and its direct, “feet-on-the-street” sales force of Internet Marketing Consultants and select third-party agencies and resellers.  ReachLocal is headquartered in Woodland Hills, CA, with offices throughout North America and in Australia, the United Kingdom, Germany, the Netherlands and Japan. Subscribe to ReachLocal’s free newsletter to receive news, tips, and other online marketing insights.
 
 
Investor Relations:
Alex Wellins
The Blueshirt Group
(415) 217-5861
alex@blueshirtgroup.com
 
Media Contact:
Jason Treu
Vice President of Public Relations
ReachLocal, Inc.
(214) 294-0307
jason.treu@reachlocal.com
 
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