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EX-99.1 - EXHIBIT 99.1 - Aegion Corpexhibit991-2019stockrepurc.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 10, 2018

AEGION CORPORATION
(Exact name of registrant as specified in its charter)


Delaware
 
001-35328
 
45-3117900
(State or other jurisdiction of incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)


17988 Edison Avenue, Chesterfield, Missouri
 
 
63005
(Address of principal executive offices)
 
 
(Zip Code)

Registrant’s telephone number, including area code: (636) 530-8000

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))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o









Item 8.01.
Other Events.

On December 6, 2018, the Board of Directors of Aegion Corporation (the "Company") authorized a new stock repurchase program (the "Stock Repurchase Program"), pursuant to which the Company may, from time to time, purchase up to two million shares of the Company's common stock through various means, including, without limitation, open market transactions. Beginning January 2, 2019, the Company will effect the Stock Repurchase Program through one or more trading plans established in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. The new Stock Repurchase Program will expire upon the repurchase of two million shares of the Company's stock. The Company is currently executing a repurchase program that will expire on December 31, 2018.

The Company issued a press release (the “Press Release”) on December 10, 2018 to announce its new Stock Repurchase Program. A copy of the Press Release is furnished herewith as Exhibit 99.1.

The information in this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.


Item 9.01.
Financial Statements and Exhibits.
 
(d)
The following exhibits are filed as part of this report:

 
Exhibit Number
Description
 
99.1
Press Release of Aegion Corporation dated December 10, 2018, filed herewith.
 
 
 
 
 
 



*     *     *







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.
 
AEGION CORPORATION
 
 
 
 
 
 
 
 
 
 
By:
/s/ Mark A. Menghini
 
 
 
Mark A. Menghini
 
 
 
Senior Vice President and General Counsel

 

Date: December 10, 2018










INDEX TO EXHIBITS

These exhibits are numbered in accordance with the Exhibit Table of Item 601 of Regulation S-K.

Exhibit
Description
Press Release of Aegion Corporation dated December 10, 2018, filed herewith.