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) January 26, 2016
TRI Pointe Group, Inc.
(Exact name of registrant as specified in its charter)
| Delaware | 1-35796 | 61-1763235 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) | ||
| 19540 Jamboree Road, Suite 300, Irvine, California | 92612 | |||
| (Address of principal executive offices) | (Zip Code) | |||
Registrant’s telephone number, including area code (949) 438-1400
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:
| ¨ | 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)) |
Item 8.01
On January 26, 2016, the Board of Directors of TRI Pointe Group, Inc. (the “Company”) approved a stock repurchase program (the “Repurchase Program”), authorizing the repurchase of up to $100 million of its common stock through January 25, 2017. The Repurchase Program does not obligate the Company to repurchase any particular amount of common stock, and it could be modified, suspended or discontinued at any time. The timing and amount of repurchases are determined by the Company’s management at its discretion based on a variety of factors such as the market price of its common stock, corporate requirements, general market and economic conditions and legal requirements. Purchases of the Company’s common stock may be made in open market transactions effected through a broker-dealer at prevailing market prices, in block trades, or by other means in accordance with federal securities laws.
On January 27, 2016, the Company issued a press release announcing the share repurchase authorization. The full text of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
| Item 9.01 | Exhibits |
| (d) | Exhibits |
| 99.1 | Press Release dated January 27, 2016. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| TRI Pointe Group, Inc. | ||||||
| Date: January 27, 2016 | By: | /s/ Bradley W. Blank | ||||
| Bradley W. Blank, Vice President, General Counsel and Secretary | ||||||
3
INDEX OF EXHIBITS
| Exhibit No. |
Description of Document | |
| 99.1 | Press Release dated January 27, 2016 | |