Current Report Filing (8-k)
March 14 2017 - 8:56AM
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):
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March
14, 2017
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ALASKA COMMUNICATIONS SYSTEMS GROUP, INC
.
(Exact
name of registrant as specified in its charter)
Delaware
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000-28167
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52-2126573
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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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600 Telephone Ave, Anchorage, Alaska
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99503
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s telephone number, including area code
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907 - 297 - 3000
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(Former name or former address, if changed since last report.)
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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
(see General Instruction A.2. below):
⃞
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
⃞
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
⃞
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
⃞
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 2.02 Results of Operations and Financial Condition.
On March 14, 2017, the Company released its financial results for the
fourth quarter and year ended December 31, 2016. The press release is
attached hereto as Exhibit 99.1 and incorporated herein by reference. A
presentation of supplemental information to be reviewed on the Company’s
earnings call to be held on March 14, 2017 will be made available on the
Company’s Investor Relations website at http://www.alsk.com at the time
of the call and is incorporated herein by reference.
Pursuant to General Instruction B.2 of Form 8-K, the information in this
Item 2.02 is being furnished to the Securities and Exchange Commission
and shall not be deemed to be “filed” for purposes of Section 18 of the
Securities Exchange Act of 1934 or otherwise subject to the liabilities
of that section. Furthermore, the information in this Item 2.02 shall
not be deemed to be incorporated by reference into the filings of the
Corporation under the Securities Act of 1933.
Item 7.01 Regulation FD Disclosure
On March 14, 2017, the Company issued a press release announcing that
together with certain of its subsidiaries, lenders, and ING Capital,
LLC, as administrative agent, entered into a new senior credit facility.
A Current Report on Form 8-K providing more details of the agreement
will be filed by the Company.
A copy of this press release is attached hereto as Exhibit 99.2
In addition, on March 14, 2017, the Company issued a press release
announcing that its Board of Directors approved a share repurchase
program authorizing the Company to repurchase up to $10.0 million of the
Company’s common stock through December 31, 2019.
Repurchases can be conducted in open market or through private
transactions, from time to time, including through purchases made in
accordance with Rule 10b plans. The share repurchase program does not
obligate the Company to purchase any particular amount of shares of
Common Stock and it may be suspended, discontinued or modified at any
time at the Company’s discretion and without prior notice.
A copy of this press release is attached hereto as Exhibit 99.3
Item 9.01 Financial Statements and Exhibits
Exhibit No.
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Description
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Exhibit 99.1
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Alaska Communications Systems Group, Inc. Press Release dated
March 14, 2017, announcing the release of financial information
for fourth quarter and full year 2016.
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Exhibit 99.2
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Alaska Communications Systems Group, Inc. Press Release dated
March 14, 2017, announcing closing of the 2017 Senior Credit
Facility.
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Exhibit 99.3
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Alaska Communications Systems Group, Inc. Press Release dated
March 14, 2017, announcing authorization for $10 million share
repurchase program.
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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.
Date:
March 14, 2017
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Alaska Communications Systems Group, Inc.
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/s/ Leonard A. Steinberg
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Leonard A. Steinberg
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Corporate Secretary
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Exhibit Index
Exhibit No.
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Description
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Exhibit 99.1
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Alaska Communications Systems Group, Inc. Press Release dated
March 14, 2017, announcing the release of financial information
for fourth quarter and full year 2016.
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Exhibit 99.2
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Alaska Communications Systems Group, Inc. Press Release dated
March 14, 2017, announcing closing of the 2017 Senior Credit
Facility.
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Exhibit 99.3
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Alaska Communications Systems Group, Inc. Press Release dated
March 14, 2017, announcing authorization for $10 million share
repurchase program.
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