Report of Foreign Issuer (6-k)
March 02 2015 - 6:31AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2015
Commission File Number: 001-35109
Qihoo 360 Technology Co. Ltd.
3/F, Building #2, 6 Jiuxianqiao Road
Chaoyang District, Beijing 100015
People’s Republic of China
(86-10) 5878-1000
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F:
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨¨
SIGNATURE
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, thereunto duly
authorized.
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Qihoo 360 Technology Co. Ltd. |
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By: |
/s/ Alex Zuoli Xu |
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Name: |
Alex Zuoli Xu |
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Title: |
Co-Chief Financial Officer |
Date: March 2, 2015
Exhibit Index
Exhibit No. |
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Description |
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Exhibit 99.1 |
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Press Release |
Exhibit 99.1
Qihoo 360 Announces Completion of its $200
Million Share Repurchase Program
BEIJING, February 27, 2015 /PRNewswire/ — Qihoo 360 Technology
Co. Ltd. ("Qihoo 360" or the "Company") (NYSE: QIHU), a leading Internet company in China, today announces
that it has completed the US$200 million share repurchase program. The Company has bought back approximately 3.4 million of its
American Depositary Shares with an average cost of $58.98 in open market. The repurchase was announced by the Company on October
1, 2014 once authorized by its Board of Directors.
Mr. Hongyi Zhou, Chairman and Chief Executive Officer of Qihoo 360,
commented, "The share repurchases reflect our unwavering confidence in our business and are in the best interest of our shareholders.
As we continue to generate healthy cash flow from operations to help us fund our ongoing business expansion, we will also regularly
review our capital structure to achieve effective usage of our cash in the future."
About Qihoo 360
Qihoo 360 Technology Co. Ltd. (NYSE: QIHU) is a leading Internet
company in China. The Company is also the number one provider of Internet and mobile security products in China as measured by
its user base, according to iResearch. Qihoo 360 also provides users with secure access points to the Internet via its market leading
web browsers and application stores. The Company has built one of the largest open Internet platforms in China and monetizes its
massive user base primarily through online advertising and through Internet value-added services on its open platform.
Forward-looking Statements
This press release contains statements of a forward-looking nature.
These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of
1995. You can identify these forward-looking statements by terminology such as "will," "expects," "believes,"
"anticipates," "intends," "estimates" and similar statements. Among other things, the management's
quotations and the "Business Outlook" section contain forward-looking statements. These forward-looking statements involve
known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about Qihoo
360 and the industry. Potential risks and uncertainties include, but are not limited to: the Company's ability to continue to innovate
and provide attractive products and services to attract and retain users; the Company's ability to keep up with rapid changes in
technologies and Internet-enabled devices; the Company's ability to leverage its user base to attract customers for our revenue-generating
services; and the Company's dependence on online advertising for a substantial portion of our revenues; and the Company's ability
to compete effectively. All information provided in this press release is as of the date of the press release, and Qihoo 360 undertakes
no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its
expectations, except as may be required by law. Although Qihoo 360 believes that the expectations expressed in these forward-looking
statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned
that actual results may differ materially from the anticipated results. Further information regarding risks and uncertainties faced
by Qihoo 360 is included in Qihoo 360's filings with the U.S. Securities and Exchange Commission, including its annual report on
Form 20-F dated April 25, 2014.
For investor and media inquiries, please contact:
Qihoo 360 Technology Co. Ltd.
In China:
Tel: +86 10-5878-1574
E-mail: ir@360.cn
In the U.S.:
The Piacente Group, Inc.
Don Markley or Glenn Garmont
Tel: (212) 481-2050
E-mail: qihu@tpg-ir.com
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