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): July 29, 2015
DST SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
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1-14036
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43-1581814
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(Commission File Number)
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(I.R.S. Employer Identification No.)
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333 West 11th Street, Kansas City, Missouri
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64105
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(Address of principal executive offices)
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(Zip Code)
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(816) 435-1000
Registrant’s telephone number, including area code
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 (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 8.01 Other Events
On July 29, 2015, the Board of Directors of DST Systems, Inc. (the "Company") authorized an additional $250 million of share repurchases ("Expanded Authorization") to its existing share repurchase plan. The plan as amended allows, but does not require, the repurchase of common stock in open market and private transactions. The plan has no expiration date. As of the date of the Expanded Authorization, and taking it into account, there is authorization to purchase approximately $325 million of shares under the plan. The Company may utilize one or more plans with its brokers or banks for pre-authorized purchases within defined limits pursuant to Rule 10b5-1 to effect all or a portion of such share repurchases.
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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.
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Date: July 30, 2015
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DST SYSTEMS, INC.
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By:
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/s/ Randall D. Young
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Name:
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Randall D. Young
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Title:
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Senior Vice President, General Counsel and Secretary
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