- Current report filing (8-K)
22 January 2009 - 1:18AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 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):
January 18,
2009
TIER
TECHNOLOGIES, INC.
(Exact
name of registrant as specified in its charter)
Delaware
(State
or Other Jurisdiction of
Incorporation)
|
000-23195
(Commission
File
Number)
|
94-3145844
(IRS
Employer Identification No.)
|
10780
Parkridge Blvd., 4
th
Floor
Reston,
Virginia
(Address
of Principal Executive Offices)
|
|
20191
(Zip
Code)
|
Registrant's
telephone number, including area code:
571-382-1000
|
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 obligation of the registrant under any of the following provisions
(
see
General
Instruction A.2. below):
o
|
Written
communication pursuant to Rule 425 under the Securities act (17 CFR
230.425)
|
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CRF
240.14a-12)
o
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
|
o
|
Pre-commencement
communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
|
Item
7.01. Regulation FD Disclosure.
On
January 21, 2009, the registrant issued a press release announcing the stock
repurchase program disclosed in Item 8.01 below. A copy of the
release is furnished as Exhibit 99.1 to this report.
The
information in this Item 7.01 and in Exhibit 99.1 to this report shall not be
deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934
or otherwise subject to the liabilities of that section, nor shall it be deemed
incorporated by reference in any filing under the Securities Act of 1933 or the
Exchange Act, except as expressly set forth by specific reference in such
filing.
Item
8.01. Entry into a Material Definitive Agreement.
On
January 18, 2009, the registrant's board of directors adopted a stock repurchase
program, which authorized the repurchase of up to $15 million of the
registrant's common stock from time to time on the open market. The
repurchase program will be funded using proceeds from the liquidation of or
borrowing against the registrant's auction rate securities, if and when
available.
Item
9.01. Financial Statements and Exhibits.
(d) Exhibits
See the exhibit index attached hereto.
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 hereunto
duly authorized.
|
TIER
TECHNOLOGIES, INC.
|
|
By:
|
/s/
Ronald W. Johnston
|
|
Name:
|
Ronald
W. Johnston
|
|
Title:
|
Chief
Financial Officer
|
Date:
January 21, 2009
|
|
|
99.1
|
Press
release issued by the registrant on January 21,
2009.
|
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