News Column

JDS UNIPHASE CORP /CA/ FILES (8-K) Disclosing Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Regulation FD Disclosure, Financial Statements and Exhibits

May 27, 2014



Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

(a)

On May 21, 2014, following the recommendation of the Governance Committee of the Board of Directors (the "Board") of JDS Uniphase Corporation (the "Company"), the Board approved the Company's Amended and Restated Bylaws (the "Amended and Restated Bylaws"), effective immediately. The Amended and Restated Bylaws increase the notice period required for stockholders who wish to have a proposal brought before the Company's annual meeting or to have a nominee included for election to the Board at the annual meeting to not less than 60 days nor more than 90 days prior to the meeting.

The above description is qualified in its entirety by reference to the full text of the Company's Amended and Restated Bylaws, which are attached hereto as Exhibit 3.5 and incorporated by reference herein.

Item 7.01. Regulation FD Disclosure.

On May 27, 2014, the Company issued a press release announcing that its Board authorized the commencement of a stock repurchase program under which the Company may purchase shares of its common stock worth up to an aggregate purchase price of $100 million. Additional details regarding the program are contained in the press release, which is furnished as Exhibit 99.1 to this report.

The information in this Item 7.01 of this Form 8-K, including Exhibit 99.1, is intended to be furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits. Exhibit No. Description 3.5 Amended and Restated Bylaws of JDS Uniphase Corporation, effective as of May 21, 2014. 99.1 Press Release entitled "JDSU Announces $100 Million Common Stock Repurchase Program" dated May 27, 2014.



--------------------------------------------------------------------------------


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Edgar Glimpses


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters