form8k.htm
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 6, 2008
______________________________
KBR,
INC.
(Exact
name of registrant as specified in its charter)
|
Delaware
|
1-33146
|
20-4536774
|
|
(State
or other jurisdiction of incorporation)
|
(Commission
File Number)
|
(IRS
Employer Identification No.)
|
601
Jefferson Street
Suite
3400
Houston,
Texas 77002
(Address
of principal executive offices)
Registrant’s
telephone number, including area code: (713) 753-3011
______________________________
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))
On August
6, 2008, KBR announced that its Board of Directors authorized a program to
repurchase up to five percent of its outstanding common shares. The
shares may be repurchased from time to time in the open market or through
privately negotiated transactions at the company’s discretion, subject to market
conditions, and in accordance with applicable regulatory
requirements. The company has entered into a plan with an agent to
conduct a designated portion of the repurchase program in accordance with Rules
10b-18 and 10b5-1 under the Securities Exchange Act of 1934.
The share
repurchase program will be funded through the company’s current cash
position. As of July 28, 2008, KBR had approximately 170 million
shares outstanding.
|
ITEM
9.01
|
Financial
Statements and Exhibits.
|
99.1 Press
Release dated August 6, 2008, entitled “KBR Announces Share Repurchase Program
and Declares Dividend.”
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.
KBR,
INC.
|
Date: August
7, 2008
|
By:
|
/s/
Deidre L. Shearer
|
|
|
|
Deidre
L. Shearer
|
|
|
|
Assistant
Secretary
|