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BHE > SEC Filings for BHE > Form 8-K on 24-Jul-2008All Recent SEC Filings

Show all filings for BENCHMARK ELECTRONICS INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for BENCHMARK ELECTRONICS INC


24-Jul-2008

Other Events


Item 8.01. Other Events.

On July 24, 2008, Benchmark Electronics, Inc. issued a press release announcing that its Board of Directors had approved the repurchase of up to $100 million of the Company's outstanding common shares. Share repurchases may be made in the open market, in privately negotiated transactions or block transactions, at the discretion of the Company's management, and as market conditions warrant. The timing and amount of specific repurchases are subject to the requirements of the Securities and Exchange Commission, market conditions, alternative uses of capital and other factors. The Company may enter into Rule 10b5-1 plans to facilitate repurchases under the program. A Rule 10b5-1 plan would generally permit the Company to repurchase the shares at times when it might otherwise be prevented from doing so under certain securities laws. Purchases will be funded from available cash and may be commenced, suspended or discontinued at any time without prior notice. Shares repurchased under the program will be retired. A copy of the press release is attached as Exhibit 99.1.

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