-----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, BbRE2zcXu+/eRhgZJKivH+zb2xpkVd0Rg9+T8H2FMPVpR+TJQd7/ahHU+A2MMAsI bWsBtCaCtuw7NTJZviLCDw== 0000950135-06-006711.txt : 20061107 0000950135-06-006711.hdr.sgml : 20061107 20061107082435 ACCESSION NUMBER: 0000950135-06-006711 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20061106 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20061107 DATE AS OF CHANGE: 20061107 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NASHUA CORP CENTRAL INDEX KEY: 0000069680 STANDARD INDUSTRIAL CLASSIFICATION: CONVERTED PAPER & PAPERBOARD PRODS (NO CONTAINERS/BOXES) [2670] IRS NUMBER: 020170100 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05492 FILM NUMBER: 061192060 BUSINESS ADDRESS: STREET 1: SECOND FL STREET 2: 11 TRAFALGAR SQ CITY: NASHUA STATE: NH ZIP: 03063 BUSINESS PHONE: 6038802323 MAIL ADDRESS: STREET 1: SECOND FL STREET 2: 11 TRAFALGAR SQ CITY: NASHUA STATE: NH ZIP: 03063 8-K 1 b62621nce8vk.htm NASHUA CORPORATION 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): November 6, 2006
 
NASHUA CORPORATION
(Exact name of registrant as specified in its charter)
 
         
Massachusetts
(State or other jurisdiction
of incorporation)
  1-05492
(Commission File Number)
  02-0170100
(IRS Employer
Identification No.)
11 Trafalgar Square, Suite 201
Nashua, New Hampshire 03063

(Address of principal executive offices and zip code)
(603)880-2323
(Registrant’s telephone number, including area code)
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 (see General Instruction A.2. below):
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 8.01 — Other Events
Item 9.01 — Financial Statements and Exhibits
SIGNATURES
EXHIBIT INDEX
EX-99.1 Press Release issued by Nashua Corporation on November 6, 2006


Table of Contents

Item 8.01 — Other Events
          On November 6, 2006, Nashua Corporation, a Massachusetts corporation, issued a press release announcing that its Board of Directors has authorized the repurchase of up to 500,000 shares of Nashua Corporation’s common stock from time to time on the open market or in privately negotiated transactions.
          A copy of the press release is attached to this Current Report on Form 8-K at Exhibit 99.1.
Item 9.01 — Financial Statements and Exhibits
     
(d)
  Exhibits
 
   
 
  See Exhibit Index attached hereto.
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.
         
  NASHUA CORPORATION
 
 
Date: November 7, 2006  By   /s/ John L. Patenaude    
    John L. Patenaude   
    Vice President-Finance, Chief Financial Officer and Treasurer   
 

2


Table of Contents

EXHIBIT INDEX
     
Exhibit No.
  Description
 
   
99.1
  Press Release issued by Nashua Corporation on November 6, 2006.

 

EX-99.1 2 b62621ncexv99w1.htm EX-99.1 PRESS RELEASE ISSUED BY NASHUA CORPORATION ON NOVEMBER 6, 2006 exv99w1
 

Exhibit 99.1          
         
Contact:
  Tom Brooker/John Patenaude   Rich Coyle
 
  Nashua Corporation   Citigate Sard Verbinnen
 
  847-318-1797/603-880-2145   212-687-8080
NASHUA CORPORATION ANNOUNCES STOCK REPURCHASE PROGRAM
          NASHUA, N.H. — November 6, 2006 — Nashua Corporation (NASDAQ: NSHA), a manufacturer of labels and thermal and specialty papers, today announced that its Board of Directors has authorized the repurchase of up to 500,000 shares of the Company’s common stock from time to time on the open market or in privately negotiated transactions.
          Commenting on the stock repurchase program, Thomas Brooker, President and Chief Executive Officer, said, “We believe the repurchase of the Company’s shares represents an excellent long-term investment and that this action demonstrates our commitment to enhancing shareholder value.”
          The timing and amount of any shares repurchased will be determined by Nashua’s management based on its evaluation of market conditions and other factors. Repurchases may also be made under a Rule 10b5-1 plan, if adopted, which would permit shares to be repurchased when the Company might otherwise be precluded from doing so under insider trading laws. The repurchase program may be suspended or discontinued at any time. Any repurchased shares will be available for use in connection with the Company’s corporate purposes.
          The repurchase program will be funded using the Company’s working capital and cash from the potential monetization of the New Hampshire real estate.
          Nashua had approximately 6.3 million shares of common stock outstanding as of September 30, 2006.
About Nashua
          Nashua Corporation manufactures and markets a wide variety of specialty imaging products and services to industrial and commercial customers to meet various print application needs. The Company’s products include thermal coated papers, pressure-sensitive labels, bond, point of sale, ATM and wide format papers, entertainment tickets, and ribbons for use in imaging devices. Additional information about Nashua Corporation can be found at www.nashua.com.
Forward-looking Statements
          This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “will,” “estimates,” “expects” and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. Such risks and uncertainties include, but are not limited to, the Company’s ability to consummate the transaction, the Company’s future capital needs and resources, fluctuations in customer demand, intensity of competition from other vendors, timing and acceptance of new product introductions, delays or difficulties in programs designed to increase sales and profitability, general economic and industry conditions, the resolution of certain litigation matters, and other risks set forth in the Company’s filings with the Securities and Exchange Commission, and the information set forth herein should be read in light of such risks. In addition, any forward-looking statements represent the Company’s estimates only as of the date of this press release and should not be relied upon as representing the Company’s estimates as of any subsequent date. While the Company may elect to update forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so, even if its estimates change.

 

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