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): March 4, 2008

 

 

DivX, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-33029   33-0921758

(State or other jurisdiction

of incorporation)

  (Commission File Number)  

(I.R.S. Employer

Identification No.)

 

4780 Eastgate Mall

San Diego, California

  92121
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (858) 882-0600

 

 

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 7.01 Regulation FD Disclosure

On March 4, 2008, DivX, Inc., a Delaware corporation (the “Company”), announced that its Board of Directors authorized the Company to repurchase up to $20 million of its common stock. The purchases will be made from time to time through 10b5-1 programs, open market purchases, or privately negotiated transactions. The number of shares ultimately repurchased, and the timing of the purchases, will depend on market conditions, share price, and other factors. The program may be discontinued at any time. The Company has approximately 34.9 million shares of common stock outstanding.

A copy of the Company’s press release announcing the authorization of the repurchase is attached to this Current Report on Form 8-K as Exhibit 99.1.

Item 9.01. Financial Statements And Exhibits.

(d) Exhibits.

 

99.1   Press release of DivX, Inc. dated March 4, 2008.


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.

 

    DIVX, INC.
Dated: March 4, 2008     By:  

/s/ Dan Halvorson

    Name:   Dan L. Halvorson
    Title:   Executive Vice President and Chief Financial Officer


INDEX TO EXHIBITS

 

Exhibit

Number

 

Description

99.1   Press release of DivX, Inc. dated March 4, 2008.
Divx, Inc. (MM) (NASDAQ:DIVX)
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