Current Report Filing (8-k)
September 12 2016 - 10:46AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT
TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report/(Date of earliest event reported)
September 8, 2016
PATTERSON
COMPANIES, INC.
(Exact Name of Registrant as Specified in Its Charter)
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Minnesota
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0-20572
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41-0886515
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(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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1031 Mendota Heights Road
St. Paul, Minnesota 55120
(Address of Principal Executive Offices, including Zip Code)
(651) 686-1600
(Registrants Telephone Number, including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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On September 8, 2016, Patterson Companies, Inc. (the Company)
entered into a stock repurchase plan established in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the 1934 Act), in connection with its previously disclosed board-authorized March 2013 plan to purchase
up to 25 million shares through March 19, 2018. As of September 8, 2016, a total of approximately 16.0 million shares remain available for purchase under such repurchase authorization. A Rule 10b5-1 plan allows a company to repurchase its
shares at times when it otherwise might be unable to do so under the 1934 Acts insider trading rules.
The Companys designated
broker has authority under the Companys 10b5-1 repurchase plan agreement (the Plan) to repurchase up to $25 million of the Companys common stock through November 24, 2016, unless terminated earlier in accordance with the
terms of the Plan. Because the repurchases under the Plan will be subject to specified parameters and certain price and volume restraints as established in the Plan, there is no guarantee as to the exact number of shares that will be repurchased, or
that there will be any repurchases at all pursuant to the Plan.
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SIGNATURES
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 hereunto duly authorized.
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PATTERSON COMPANIES, INC.
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Date: September 12, 2016
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By:
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S
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ES
B. K
ORSH
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Les B. Korsh
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Vice President, General Counsel and Secretary
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