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EX-99.1 - EX-99.1 - ABOVENET INCv242600_ex99-1.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):  December 7, 2011

 
AboveNet, Inc.
(Exact name of registrant as specified in its charter)
 
Delaware
 
000-23269
 
11-3168327
(State or other jurisdiction
of incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)
  
360 Hamilton Avenue
   
White Plains, New York
 
10601
(Address of principal executive offices)
 
(Zip Code)
 
Registrant’s telephone number, including area code:  (914) 421-6700
 
(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 (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 December 7, 2011, the Board of Directors of AboveNet, Inc. (the “Company”) authorized a share repurchase program of up to $200 million of the Company’s common stock (the “Repurchase Program”). The Board also authorized management to enter into one or more prearranged stock repurchase plans under Rule 10b5-1 of the Securities Act of 1934 in connection with the Repurchase Program. A plan under Rule 10b5-1 allows a company to repurchase its shares at times when it otherwise might be prevented from doing so under insider trading laws.

A copy of the Company’s press release announcing the repurchase program is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Item 9.01
Financial Statements and Exhibits.

(d)
Exhibits.

Exhibit No.
 
Exhibit Description
     
99.1
 
Press Release issued December 8, 2011

 
2

 
 
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.

  Date: December 8, 2011
ABOVENET, INC.  
       
       
  By:
/s/Robert Sokota
 
   
 Robert Sokota
 
   
 Senior Vice President and General Counsel 
 
 
 
3

 
 
EXHIBIT INDEX

 Exhibit No.
 
Exhibit Description
     
99.1
 
Press Release issued December 8, 2011