-----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, WWt5xlvgLyPwyEwO5ahleJSQazDZlGWscLHmeSK44YxhSEBM2kuzvZ+5NR48gi7S +vEEoaxT3H3w/VER/JpqUQ== 0000950137-06-009685.txt : 20060831 0000950137-06-009685.hdr.sgml : 20060831 20060831120620 ACCESSION NUMBER: 0000950137-06-009685 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20060830 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060831 DATE AS OF CHANGE: 20060831 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ANDREW CORP CENTRAL INDEX KEY: 0000317093 STANDARD INDUSTRIAL CLASSIFICATION: DRAWING AND INSULATING NONFERROUS WIRE [3357] IRS NUMBER: 362092797 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14617 FILM NUMBER: 061067571 BUSINESS ADDRESS: STREET 1: 3 WESTBROOK CORPORATE CENTER, SUITE 900 CITY: WESTCHESTER STATE: IL ZIP: 60154 BUSINESS PHONE: (708) 236-6600 MAIL ADDRESS: STREET 1: 3 WESTBROOK CORPORATE CENTER, SUITE 900 CITY: WESTCHESTER STATE: IL ZIP: 60154 8-K 1 c08210e8vk.htm CURRENT REPORT e8vk
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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 30, 2006
ANDREW CORPORATION
(Exact name of registrant as specified in its charter)
         
DELAWARE   001-14617   36-2092797
(State or other jurisdiction   (Commission File Number)   (I.R.S. Employer
of incorporation)       Identification No.)
3 Westbrook Corporate Center, Suite 900 Westchester, IL 60154
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code (708) 236-6600
None
 
(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:
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


TABLE OF CONTENTS

Item 7 01 Regulation FD Disclosure
Item 9 01 Financial Statements and Exhibits
SIGNATURE
Press Release dated August 30, 2006


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Item 7.01 Regulation FD Disclosure.
On August 30, 2006, Andrew Corporation (the “Company”), announced that it has repurchased 2.4 million shares of common stock at an average price of $9.10, including commissions and fees, during the last three weeks. Total shares repurchased under the company’s previously authorized share repurchase program represent approximately 1.5% of the 159.7 million shares outstanding at June 30, 2006. Following the recent open market transactions, the company has 7.4 million shares remaining available for repurchase under its share repurchase program. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits.
     
99.1
  Press release dated August 30, 2006.

 


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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 hereunto duly authorized.
         
  ANDREW CORPORATION
 
 
Date: August 30, 2006  By:   /s/ Marty Kittrell    
    Marty Kittrell   
    Chief Financial Officer   
 

 

EX-99.1 2 c08210exv99w1.htm PRESS RELEASE DATED AUGUST 30, 2006 exv99w1
 

EXHIBIT 19.1
     

News Release
  (ANDREW LOGO)
Andrew Corporation
3 Westbrook Corporate Center, Suite 900, Westchester, II USA 60154: +1 (708) 236-660 www.andrew.com
Andrew Repurchases 2.4 Million Shares
Under Share Repurchase Program
- Repurchased 1.5% of basic common shares outstanding at an average price of $9.10 per share -
WESTCHESTER, IL, August 30, 2006—Andrew Corporation, a global leader in communications systems and products, today announced that it has repurchased 2.4 million shares of common stock at an average price of $9.10 per share, including commissions and fees, during the last three weeks. Total shares repurchased under the company’s previously authorized share repurchase program represent approximately 1.5% of the 159.7 million shares outstanding at June 30, 2006. Following the recent open market transactions during the company’s fiscal fourth quarter, the company has 7.4 million shares remaining available for repurchase under its share repurchase program.
“We believe the share repurchase program demonstrates our confidence in the long-term growth and margin expansion opportunities of the company,” said Ralph Faison, president and chief executive officer of Andrew Corporation. “We believe the strength and value of Andrew is not accurately reflected by the market and that share repurchases are an effective use of capital to build long-term shareholder value.”
The timing and amount of any future share repurchases will be at the company’s discretion, subject to market conditions and other factors, and may be suspended or discontinued at any time.
About Andrew
Andrew Corporation (NASDAQ:ANDW) designs, manufactures and delivers innovative and essential equipment and solutions for the global communications infrastructure market. The company serves operators and original equipment manufacturers from facilities in 35 countries. Andrew (www.andrew.com), headquartered in Westchester, IL, is an S&P 500 company founded in 1937.
Forward-Looking Statements
Some of the statements in this news release are forward-looking statements and we caution our stockholders and others that these statements involve certain risks and uncertainties. Forward-looking statements are based on currently available information. Factors that may cause actual results to differ from expected results include fluctuations in commodity costs, the company’s ability to integrate acquisitions and to realize the anticipated synergies and cost savings, the effects of competitive products and pricing, economic and political conditions that may impact customers’ ability to fund purchases of our products and services, the company’s ability to achieve the cost savings anticipated from cost reduction programs, fluctuations in foreign currency exchange rates, the timing of cash payments and receipts, end use demands for wireless communication services, the loss of one or more significant customers and other business factors. Investors should also review other risks and uncertainties discussed in company documents filed with the Securities and Exchange Commission, including its Form 10-K for the fiscal year ended

 


 

September 30, 2005. The company disclaims any obligation to revise these forward-looking statements or to provide any updates regarding information contained in this release (including the number of shares purchased pursuant to its share repurchase program) resulting from new information, future events or otherwise, except as required by law.
END
Investor Contact:
Scott Malchow, Andrew Corporation
+1 (708) 236-6507
News Media Contact:
Rick Aspan, Andrew Corporation
+1 (708) 236-6568 or publicrelations@andrew.com

2

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