-----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, ArRBSlxFKx6bZx/PkOSmmL65HKFHbiwVcJ2MVZYQuQnXuOtJIJ88C3Q+u3amaBhd lwlPfmhmT7MP89tKyH1cww== 0000950152-08-008264.txt : 20081028 0000950152-08-008264.hdr.sgml : 20081028 20081028101113 ACCESSION NUMBER: 0000950152-08-008264 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20081027 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20081028 DATE AS OF CHANGE: 20081028 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ROBBINS & MYERS INC CENTRAL INDEX KEY: 0000084290 STANDARD INDUSTRIAL CLASSIFICATION: PUMPS & PUMPING EQUIPMENT [3561] IRS NUMBER: 310424220 STATE OF INCORPORATION: OH FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13651 FILM NUMBER: 081143724 BUSINESS ADDRESS: STREET 1: 1400 KETTERING TWR CITY: DAYTON STATE: OH ZIP: 45423 BUSINESS PHONE: 9372222610 MAIL ADDRESS: STREET 1: 1400 KETTERING TOWER CITY: DAYTON STATE: OH ZIP: 45423 8-K 1 l34241ae8vk.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 and Exchange Act of 1934
Date of Report (Date of earliest event reported): October 27, 2008
Robbins & Myers, Inc.
(Exact name of Registrant as specified in its charter)
         
Ohio   0-288   31-0424220
 
(State or other jurisdiction of   ( Commission   (IRS Employer
incorporation)   File Number)   Identification No.)
         
51 Plum St., Suite 260, Dayton, Ohio       45440
 
(Address of principal executive offices)       (Zip code)
937-458-6600
(Registrant’s telephone number including area code)
Not applicable
(Former name and 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))
 
 

 


 

Item 8.01   Other Events
On October 27, 2008, Robbins & Myers, Inc. (the “Company”) issued a press release announcing that its Board of Directors has authorized a stock repurchase program. A copy of the release is furnished herewith as Exhibit 99.1 and incorporated by reference herein.
Item 9.01   Financial Statements and Exhibits
(d) Exhibits – See Index to Exhibits

 


 

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, thereunto duly authorized.
         
  Robbins & Myers, Inc.
 
 
Date: October 27, 2008  By:   /s/ Christopher M. Hix    
    Christopher M. Hix   
    Vice President and Chief Financial Officer   

 


 

         
INDEX TO EXHIBITS
99   ADDITIONAL EXHIBITS
  99.1   October 27, 2008 Press Release of Robbins & Myers, Inc., announcing that its Board of Directors has authorized a stock repurchase program.

 

EX-99.1 2 l34241aexv99w1.htm EX-99.1 Ex-99.1
EXHIBIT 99.1
Investor Relations
+1 (937) 458-6600
ROBBINS & MYERS ANNOUNCES STOCK REPURCHASE PROGRAM
DAYTON, OHIO, October 27, 2008 . . . Robbins & Myers, Inc. (NYSE:RBN) announced today that its Board of Directors has authorized the repurchase of up to three million of its currently outstanding common shares. Repurchases will generally be made in the open market or in privately negotiated transactions that will not exceed prevailing market prices, subject to regulatory considerations and market conditions and will be funded from the Company’s available cash and credit facilities. The Company has approximately 34.7 million common shares outstanding.
Peter C. Wallace, President & Chief Executive Officer of the Company, commented that “Fiscal 2008, ended August 31, 2008, was a record year for us. We ended the year in a strong cash position, with no borrowings outstanding under our $150 million bank credit facility. We believe we have available capital resources to pursue our internal growth objectives and opportunistic acquisitions, and at the same time, to adopt a stock repurchase program. Our Board believes that at current prices and historically low valuations, repurchasing our own shares is also an attractive means of enhancing shareholder value.”
Robbins & Myers, Inc. is a leading supplier of engineered equipment and systems for critical applications in global energy, industrial, chemical and pharmaceutical markets.
In addition to historical information, this release contains forward-looking statements identified by use of words such as “expects,” “anticipates,” “believes,” and similar expressions. These statements reflect management’s current expectations and involve known and unknown risks, uncertainties, contingencies and other factors that could cause actual results, performance or achievements to differ materially from those stated. The most significant of these risks and uncertainties are described in our Form 10-K and Form 10-Q reports filed with the Securities and Exchange Commission and include, but are not limited to: a significant decline in capital expenditures in the specialty chemical and pharmaceutical industries; a major decline in oil and natural gas prices; foreign exchange rate fluctuations; work stoppages related to union negotiations; customer order cancellations; business disruptions caused by the implementation of business computer systems; the possibility of product liability suits that could hurt our business; events or circumstances which result in an impairment of assets; the potential impact of U.S. and foreign legislation, government regulations, and other governmental action, including those relating to export and import of products and materials, and changes in the interpretation and application of such laws and regulations; the outcome of audit, compliance, administrative or investigatory reviews; and general economic conditions that can affect demand in the process industries. Except as otherwise required by law, we do not undertake any obligation to publicly update or revise these forward- looking statements to reflect events or circumstances after the date hereof.

 

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