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 11, 2011
QLOGIC CORPORATION
(Exact name of registrant as specified in its charter)
Delaware | 0-23298 | 33-0537669 | ||
(State of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||
26650 Aliso Viejo Parkway, Aliso Viejo, California | 92656 | |||
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code: (949) 389-6000
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 (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] 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 November 15, 2011, the Company announced that its board of directors authorized a new program to repurchase up to $200 million of the Companys outstanding common stock over a period of up to two years from the conclusion of the current program. A copy of the press release issued by the Company regarding this announcement is attached hereto as Exhibit 99.1 and is incorporated by reference.
Item 9.01 Financial Statements and Exhibits
(d) |
Exhibits. | |
99.1 |
Press Release, dated November 15, 2011, announcing approval of new stock repurchase program for $200 million. |
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.
QLOGIC CORPORATION | ||||
November 15, 2011 |
/s/ Jean Hu | |||
Jean Hu | ||||
Senior Vice President and Chief Financial Officer |
FOR IMMEDIATE RELEASE | Exhibit 99.1 |
Media Contact:
Tim Lustig
QLogic Corporation
949.389.6196
tim.lustig@qlogic.com
Investor Contact:
Jean Hu
QLogic Corporation
949.389.7579
jean.hu@qlogic.com
QLOGIC ANNOUNCES APPROVAL OF A STOCK REPURCHASE
PROGRAM FOR AN ADDITIONAL $200 MILLION
ALISO VIEJO, Calif., Nov. 15, 2011QLogic Corp. (Nasdaq:QLGC), a leading supplier of high performance network infrastructure solutions, today announced that its board of directors has authorized a program to repurchase up to an additional $200 million of the companys outstanding common stock over a period of up to two years from the conclusion of the current stock repurchase program.
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About QLogic
QLogic (Nasdaq:QLGC) is a global leader and technology innovator in high performance networking, including adapters, switches and ASICs. Leading OEMs and channel partners worldwide rely on QLogic products for their data, storage and server networking solutions. For more information, visit www.qlogic.com.
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