-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ld4a8SaFr+DRPU/wBQW0oxZduy6UZuU9w/AGZfh3/f6R7PVTGApKJhLOKnrgVP8Q oekjErqqs+hs2Rb5AAa4vw== 0001193125-08-236155.txt : 20081114 0001193125-08-236155.hdr.sgml : 20081114 20081114093707 ACCESSION NUMBER: 0001193125-08-236155 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20081114 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20081114 DATE AS OF CHANGE: 20081114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Super Micro Computer, Inc. CENTRAL INDEX KEY: 0001375365 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571] IRS NUMBER: 770353939 STATE OF INCORPORATION: CA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33383 FILM NUMBER: 081187379 BUSINESS ADDRESS: STREET 1: 980 ROCK AVENUE CITY: SAN JOSE STATE: CA ZIP: 95131 BUSINESS PHONE: 408-503-8000 MAIL ADDRESS: STREET 1: 980 ROCK AVENUE CITY: SAN JOSE STATE: CA ZIP: 95131 8-K 1 d8k.htm FORM 8-K 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): November 14, 2008

 

 

SUPER MICRO COMPUTER, INC.

(Exact name of registrant specified in its charter)

 

 

 

Delaware   001-33383   77-0353939

(State or other jurisdiction

of incorporation)

  (Commission File Number)  

(I.R.S. Employer

Identification No.)

980 Rock Avenue, San Jose, California 95131

(Address of principal executive offices, including Zip Code)

Registrant’s telephone, including area code: (408) 503-8000

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 November 14, 2008, Super Micro Computer, Inc. (the “Company”) issued a press release announcing that the Company’s Board of Directors has adopted a program to repurchase, from time to time, at management’s discretion, shares of the Company’s common stock. Under the plan, the Company is authorized to repurchase up to 2,000,000 of its outstanding shares of common stock in the open market or in private transactions during the period ending June 30, 2009 at prevailing market prices in compliance with applicable securities laws and other legal requirements. A copy of the press release is attached hereto as Exhibit 99.1.

The information disclosed under Item 8.01, including Exhibit 99.1 hereto, shall not be deemed “filed” for purposed of Section 18 of the Securities Exchange Act of 1934, as amended and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing.

 

Item 9.01 Financial Statements and Exhibits

 

Exhibit
Number

  

Description

99.1    Press Release of Super Micro Computer, Inc. dated November 14, 2008.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    SUPER MICRO COMPUTER, INC.
Date: November 14, 2008     By:   /s/ Charles Liang
        President and Chief Executive Officer


Exhibit Index

 

Exhibit
Number

  

Description

99.1    Press Release of Super Micro Computer, Inc. dated November 14, 2008.
EX-99.1 2 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

Super Micro Computer, Inc. Announces Program to Repurchase its Common Stock

SAN JOSE, Calif., November 14, 2008 — Super Micro Computer, Inc. (NASDAQ:SMCI), a leader in application optimized, high performance server solutions, announced today that the Company’s Board of Directors has adopted a program to repurchase, from time to time, at management’s discretion, shares of the Company’s common stock. Under the plan, the Company is authorized to repurchase up to 2,000,000 of its outstanding shares of common stock in the open market or in private transactions during the period ending June 30, 2009 at prevailing market prices in compliance with applicable securities laws and other legal requirements.

As of September 30, 2008, the Company had 33.4 million shares of common stock outstanding. Repurchases will be made under the program using the Company’s own cash resources. The plan does not obligate the Company to acquire any particular amount of common stock and the plan may be suspended or discontinued at any time. Merrill Lynch will act as agents for the Company’s stock repurchase program.

“This plan underscores our steadfast belief in the fundamental health and strength of Supermicro,” said Charles Liang, chief executive officer, Super Micro Computer, Inc. “We are confident that the current economic conditions present opportunities as much as challenges.” We believe that our flexible server building blocks™ solutions, our focus on internal R&D and our emphasis on highly energy efficient and cost effective products position us to respond to increasing demands of customers in a difficult economy. We have operated our business at a profit from inception and believe that we have the flexibility in our operating and manufacturing structure to rapidly adjust and adapt as required in light of how economic conditions develop.

“For example, our recent and successful personal supercomputer introductions and our upcoming next generation Xeon® (Nehalem) product launches showcase our product diversity and continued industry leadership. Our core strengths are not fully reflected in our stock price and management believes this repurchase program provides an excellent investment opportunity to enhance shareholder value. In addition, with our proven ability to be profitable, control cost and generate cash on a consistent basis, we are confident that this share repurchase plan represents a good use of our capital.”

About Super Micro Computer, Inc.

Established in 1993, Supermicro emphasizes superior product design and uncompromising quality control to produce industry-leading serverboards, chassis and server systems. These mission-critical Server Building Block solutions provide benefits across many environments, including data center deployment, high-performance computing, high-end workstations, storage networks and standalone server installations. For more information on Supermicro’s complete line of advanced motherboards, SuperServers, and optimized chassis, visit www.Supermicro.com, email Marketing@Supermicro.com or call the San Jose, CA headquarters at +1 408-503-8000.

SMCI-F

SOURCE: Super Micro Computer, Inc.

Super Micro Computer, Inc.

Perry Hayes,

408-895-6570

SVP, Investor Relations

perryh@supermicro.com

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