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): August 22, 2011
ITERIS, INC.
(Exact name of registrant as specified in its charter)
Delaware |
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001-08762 |
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95-2588496 |
(State or other jurisdiction of |
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(Commission File Number) |
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(IRS Employer Identification No.) |
1700 Carnegie Avenue, Suite 100, Santa Ana, California 92705
(Address of principal executive offices) (Zip Code)
Registrants telephone number, including area code: (949) 270-9400
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:
o Written communications pursuant to Rule 425 under the Securities Act
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
Item 8.01 Other Events
On August 22, 2011, the Board of Directors of Iteris, Inc. (the Company) approved a stock repurchase program. Under the stock repurchase program, the Company may acquire up to $3 million of its outstanding common stock from time to time over the next 12 months. Purchases may be made from time to time in the open market, in privately negotiated transactions or in block purchases, depending on market conditions, share price and other factors. The repurchase program may be modified, terminated or extended by the Company at any time without prior notice.
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.
Dated: August 23, 2011 |
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ITERIS, INC., | |
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a Delaware corporation | |
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By: |
/S/ JAMES S. MIELE |
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James S. Miele |
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Chief Financial Officer |