UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): September 14, 2011
Material Sciences Corporation
(Exact name of registrant as specified in its charter)
Delaware | 01-8803 | 95-2673173 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
2200 East Pratt Boulevard
Elk Grove Village, Illinois 60007
(Address of Principal Executive Offices, including Zip Code)
(847) 439-2210
(Registrants 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):
¨ | Written communications pursuant to Rule 425 under the Securities Act |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act |
Item 8.01 Other Events.
On September 14, 2011, Material Sciences Corporation (the Company) issued a press release announcing that the companys board of directors has authorized the repurchase of up to 1 million shares of common stock. The share repurchases will be made from time to time at MSCs discretion, subject to market conditions and other factors, and will be funded with internally generated cash.
A copy of the press release is attached hereto as Exhibit 99.1, and the information contained therein is incorporated herein by reference. The information contained in Item 8.01 to this Form 8-K, including the exhibit, shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and the information shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits.
Exhibit |
Document | |
99.1 | Press Release dated September 14, 2011 |
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.
MATERIAL SCIENCES CORPORATION | ||
By: | /s/ James D. Pawlak | |
James D. Pawlak | ||
Vice President, Chief Financial Officer, Corporate Controller and Corporate Secretary |
Date: September 14, 2011
Exhibit 99.1
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Material Sciences Corporation | |
2200 East Pratt Boulevard | ||
Elk Grove Village, IL 60007 | ||
847-439-2210 |
NEWS RELEASE
FOR IMMEDIATE RELEASE
WEDNESDAY, SEPTEMBER 14, 2011
COMPANY CONTACT: | MEDIA CONTACT: | |
James D. Pawlak | Lynne Franklin | |
Vice President, Chief Financial Officer | Wordsmith | |
847-439-2210 | 847-729-5716 |
Material Sciences Corporation Announces
Additional Stock Repurchase Program
ELK GROVE VILLAGE, IL, Wednesday, September 14, 2011Material Sciences Corporation (NASDAQ: MASC), a leading provider of material-based solutions for acoustical and coated applications, today announced that the companys board of directors has authorized the repurchase of up to 1 million additional shares of common stock. The previous authorization announced in late May 2011 has approximately 230,000 shares remaining to be repurchased. The share repurchases will be made from time to time at Material Sciences discretion, subject to market conditions and other factors, and will be funded with internally generated cash.
About Material Sciences
Material Sciences Corporation is a leading provider of material-based solutions for acoustical and coated applications. The company uses its expertise in materials, which it leverages through relationships and a network of partners, to solve customer-specific problems. The companys stock is traded on the NASDAQ Capital Market under the symbol MASC.
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