Summary
This Form 8-K filing from Amphenol Corporation (APH), dated January 17, 2013, primarily announces two significant events for investors. Firstly, it reports the company's fourth quarter 2012 earnings, with details provided in an attached press release. Secondly, and of particular note for shareholders, Amphenol's Board of Directors has authorized a substantial stock repurchase program. The company is permitted to buy back up to 10 million shares of its common stock over a two-year period, ending January 31, 2015. This indicates management's confidence in the company's valuation and its commitment to returning capital to shareholders.
Key Highlights
- 1Amphenol Corporation announced its fourth quarter 2012 earnings results.
- 2A press release detailing the Q4 2012 financial performance is incorporated by reference.
- 3The Board of Directors authorized a new stock repurchase program.
- 4The company may repurchase up to 10 million shares of common stock.
- 5The stock repurchase program is authorized for a two-year period.
- 6The repurchase program is set to expire on January 31, 2015.
Frequently Asked Questions
The main purposes of this 8-K filing are to announce Amphenol Corporation's fourth quarter 2012 earnings results and to disclose the authorization of a new stock repurchase program by the company's Board of Directors.
Amphenol Corporation is authorized to repurchase up to 10 million shares of its common stock. This program is scheduled to take place over a two-year period, concluding on January 31, 2015.
Detailed information regarding Amphenol Corporation's fourth quarter 2012 earnings can be found in the press release dated January 17, 2013, which is included as Exhibit 99.1 to this Form 8-K filing and is incorporated by reference.