Current Report Filing (8-k)
November 08 2019 - 3:21PM
Edgar (US Regulatory)
false000117166200011716622019-11-072019-11-07
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): November 7, 2019
TRIPLE-S MANAGEMENT CORPORATION
(Exact Name of Registrant as Specified in Charter)
Puerto Rico
|
001-33865
|
66-0555678
|
(State or Other Jurisdiction of Incorporation)
|
(Commission File Number)
|
(IRS Employer Identification No.)
|
Registrant’s telephone number, including area code: 787-749-4949
1441 F.D. Roosevelt Avenue, San Juan, Puerto Rico 00920
(Address of Principal Executive Offices and Zip Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
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:
☐
|
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))
|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933
(17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
|
Trading
Symbol(s)
|
Name of each exchange on which registered
|
Common Stock Class B, $1.00 par value
|
GTS
|
New York Stock Exchange
(NYSE)
|
Item 2.02.
|
Results of Operations and Financial Condition.
|
On November 7, 2019, Triple-S Management Corporation issued a press release announcing its unaudited financial results for the quarter ended
September 30, 2019, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K.
In accordance with General Instruction B.2 of Form 8-K, the information furnished pursuant to this Item 2.02 of this Current Report on Form 8-K,
including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by
reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Pursuant to the Press Release, the Company also announced that its Board of Directors has authorized an increase of up to $25 million of the
Company’s share repurchase program. The Company expects to commence repurchases under the program during the week of November 11, 2019. The
timing and extent of any purchases under the program will depend on market conditions, and the trading price of our shares, among other considerations. The repurchase program may be suspended, modified or terminated by the Company at any
time. The Company announced the original authorization of the repurchase program under Item 8.01 of a Current Report on Form 8-K dated August 8, 2017.
Item 9.01.
|
Financial Statements and Exhibits.
|
|
|
Press release, dated November 7, 2019, issued by Triple-S Management Corporation.
|
|
104
|
Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).
|
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.
|
TRIPLE-S MANAGEMENT CORPORATION
|
|
|
|
|
Date: November 8, 2019
|
By:
|
/s/ Juan José Román-Jiménez
|
|
|
|
Name: Juan José Román-Jiménez
|
|
|
|
Title: EVP and Chief Financial Officer
|
|
Triple S Management (NYSE:GTS)
Historical Stock Chart
From May 2024 to Jun 2024
Triple S Management (NYSE:GTS)
Historical Stock Chart
From Jun 2023 to Jun 2024