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| HKN > SEC Filings for HKN > Form 8-K on 5-Jan-2009 | All Recent SEC Filings |
5-Jan-2009
Other Events, Financial Statements and Exhibits
On January 5, 2009, HKN, Inc. (the "Company") announced that the Company's Board of Directors has authorized an amendment to the existing stock repurchase program, announced in September 2005, allowing the Company to buy back up to an additional 1,000,000 shares of its common stock. The existing program has 237,280 shares remaining as of December 31, 2008.
This amendment allows the Company to buy back up to 1,237,280 shares of its common stock. All repurchases will be made from time to time in the open market or through privately negotiated transactions when opportunities to do so at favorable prices present themselves in compliance with all applicable laws and regulations including the Securities and Exchange Commission rules.
The announcement is contained in a press release from the Company that is attached hereto as Exhibit 99.1.
Exhibit
Number Description
99.1 HKN, Inc. Press Release announcing stock repurchase plan dated
January 5, 2009
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