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EX-99.1 - PRESS RELEASE - QLOGIC CORPd256334dex991.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): November 11, 2011

QLOGIC CORPORATION

(Exact name of registrant as specified in its charter)

 

 

Delaware   0-23298   33-0537669
(State of incorporation)   (Commission File Number)   (IRS Employer Identification No.)
26650 Aliso Viejo Parkway, Aliso Viejo, California           92656
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (949) 389-6000

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))


Item 8.01 Other Events

On November 15, 2011, the Company announced that its board of directors authorized a new program to repurchase up to $200 million of the Company’s outstanding common stock over a period of up to two years from the conclusion of the current program. A copy of the press release issued by the Company regarding this announcement is attached hereto as Exhibit 99.1 and is incorporated by reference.

 

Item 9.01 Financial Statements and Exhibits

 

(d)

  

Exhibits.

99.1

  

Press Release, dated November 15, 2011, announcing approval of new stock repurchase program for $200 million.


SIGNATURES

 

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.

 

   

    QLOGIC CORPORATION

November 15, 2011

   

    /s/ Jean Hu                                

   

    Jean Hu

   

    Senior Vice President and

    Chief Financial Officer