8-K 1 novl-8k_040306.htm NOVELL, INC. - STOCK REPURCHASE Novell, Inc. - Stock Repurchase

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

April 3, 2006
Date of Report
(Date of earliest event reported)

Novell, Inc.
(Exact name of registrant as specified in its charter)



Delaware
(State or other jurisdiction
of incorporation)
0-13351
(Commission File
Number)
87-0393339
(IRS Employer
Identification Number)


404 Wyman Street, Suite 500
Waltham, MA 02451
(Address of principal executive offices)


(781) 464-8000
(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.

 

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))

 


Item 8.01 Other Events.

In response to inquires received from stockholders, Novell, Inc. ("Novell") is providing the following information. On March 13, 2006, Novell lifted its previously announced self-imposed trading blackout and, under a 10b5-1 plan, has commenced the repurchase of shares under a share repurchase program previously announced in September 2005 for up to $200 million of Novell common stock.

Novell disclaims any obligation to provide further updates on the status of the repurchase program other than as required by applicable law. The repurchase program may be suspended or discontinued at any time.


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.

Novell, Inc.
(Registrant)
Date: April 3, 2006
By   /s/   Joseph S. Tibbetts, Jr.

(Signature)
Senior Vice President, Chief Financial Officer
(Title)