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): SEPTEMBER 12, 2005
PERCEPTRON, INC.
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(Exact Name of Registrant as Specified in Charter)
MICHIGAN 0-20206 38-2381442
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
47827 Halyard Drive, Plymouth, MI 48170-2461
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (734) 414-6100
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box 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 communication 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 communication pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b)
[ ] Pre-commencement communication pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 OTHER EVENTS
On September 12, 2005, the Company issued a press release, a copy of
which is attached hereto as Exhibit 99.1, announcing that its Board of Directors
has authorized a $5.0 million common stock repurchase program. Pursuant to the
authorization, Perceptron may purchase shares from time to time in the open
market or through privately negotiated transactions during the remainder of
fiscal year 2006. The Company also announced that it has entered into a Rule
10b5-1 trading plan ("Repurchase Plan") with Barrington Research Associates,
Inc. to purchase up to $5.0 million of the Company's common stock during fiscal
year 2006 (less the dollar amount of purchases by the Company outside the
Repurchase Plan), in open market or privately negotiated transactions, in
accordance with the requirements of Rule 10b-18.
Item 9.01. FINANCIAL STATEMENTS AND EXHIBITS
C. Exhibits.
Exhibit No. Description
99.1 Press Release dated September 12, 2005 announcing the
Company's authorization to commence a stock
repurchase program and enter into a Rule 10b5-1
Repurchase Program with Barrington Research
Associates, Inc.
SIGNATURES
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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.
PERCEPTRON, INC.
(Registrant)
Date: September 12, 2005 /s/ A. A. Pease
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By: Alfred A. Pease
Title: President
EXHIBIT INDEX
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Exhibit
Number Description
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99.1 Press Release dated September 12, 2005 announcing the
Company's authorization to commence a stock
repurchase program and enter into a Rule 10b5-1
Repurchase Program with Barrington Research
Associates, Inc.