Current Report Filing (8-k)
13 Septiembre 2022 - 6:02AM
Edgar (US Regulatory)
0000098338
false
0000098338
2022-09-12
2022-09-12
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
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 earliest event reported: September 12, 2022
TSR,
Inc.
(Exact
Name of Registrant as Specified in Charter)
| Delaware |
|
001-38838 |
|
13-2635899 |
(State
or Other Jurisdiction
of
Incorporation) |
|
(Commission
File Number) |
|
(I.R.S.
Employer
Identification
No.) |
400
Oser Avenue, Suite 150, Hauppauge, NY 11788
(Address
of Principal Executive Offices) (Zip Code)
(631)
231-0333
(Registrant’s
telephone number, including area code)
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)) |
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, par value $0.01 per share |
|
TSRI |
|
NASDAQ
Capital Market |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). 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. ☐
Item 8.01 Other Events.
The
Board of Directors of TSR, Inc. has authorized a stock repurchase program of up to $500,000 of the Company’s outstanding common
stock, par value $0.01 per share. The stock repurchase program shall commence two business days after the filing of this Form 8-K and
is authorized for the next twelve months.
The
shares may be repurchased from time to time in open market transactions at prevailing market prices, in privately negotiated transactions,
or by other means in accordance with federal securities laws. The actual timing, number and value of shares repurchased under the program
will be determined by the Board of Directors at its discretion and will depend on a number of factors, including the market price of
Company’s stock, general market and economic conditions, and applicable legal and contractual requirements. TSR has no obligation
or commitment to repurchase all or any portion of the shares covered by this authorization.
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.
| |
TSR, Inc. |
| |
|
|
| |
By: |
/s/
John G. Sharkey |
| |
|
John G. Sharkey |
| |
|
Senior Vice President and
Chief Financial Officer |
Dated:
September 13, 2022
2
TSR (NASDAQ:TSRI)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
TSR (NASDAQ:TSRI)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024
