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KVHI > SEC Filings for KVHI > Form 8-K on 26-Nov-2008All Recent SEC Filings

Show all filings for KVH INDUSTRIES INC \DE\ | Request a Trial to NEW EDGAR Online Pro

Form 8-K for KVH INDUSTRIES INC \DE\


26-Nov-2008

Other Events


ITEM 8.01 OTHER EVENTS

On November 26, 2008, the Board of Directors of KVH Industries, Inc. (the "Company") authorized a share repurchase program pursuant to which the Company may purchase up to one million shares, or approximately 7.1% of the Company's outstanding common stock. Under the program, the Company, at management's discretion, may repurchase shares on the open market from time to time, in privately negotiated transactions or block transactions, or through an accelerated repurchase agreement. The timing of such repurchases will depend on availability of shares, price, market conditions, alternative uses of capital, and applicable regulatory requirements. The program may be modified, suspended or terminated at any time without prior notice.


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