Divx Inc - Current report filing (8-K)
March 04 2008 - 5:02PM
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): March 4, 2008
DivX, Inc.
(Exact name of registrant as specified in its charter)
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Delaware
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001-33029
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33-0921758
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(State or other jurisdiction
of incorporation)
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(Commission File Number)
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(I.R.S. Employer
Identification No.)
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4780 Eastgate Mall
San Diego, California
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92121
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(Address of principal executive offices)
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(Zip Code)
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Registrants 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):
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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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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
Companys 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.
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99.1
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Press release of DivX, Inc. dated March 4, 2008.
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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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DIVX, INC.
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Dated: March 4, 2008
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By:
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/s/ Dan Halvorson
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Name:
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Dan L. Halvorson
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Title:
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Executive Vice President and Chief Financial Officer
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INDEX TO EXHIBITS
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Exhibit
Number
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Description
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99.1
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Press release of DivX, Inc. dated March 4, 2008.
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