Supercom Ltd. Form 6-K Summary
Business Context and Reporting Period
Supercom Ltd., a foreign private issuer headquartered in Hertzliya Pituach, Israel, filed this Form 6-K on December 15, 2015. The filing covers the month of December 2015 and serves to disclose a material corporate action regarding its share repurchase program.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a capital allocation event rather than financial performance results.
Material Changes
- Share Repurchase: The company repurchased 500,000 of its ordinary shares.
- Program Status: This transaction was executed as part of a previously announced buyback program.
Guidance, Outlook, and Risks
The filing contains no management commentary regarding future guidance, outlook, risks, contingencies, or unusual items. The document solely references the attached press release (Exhibit 99.1) detailing the share repurchase.
Investor Verification Checklist
- Verify the total number of shares repurchased under the program to date.
- Confirm the average price paid per share for the 500,000 shares repurchased.
- Review the remaining authorization limit for the buyback program.
- Check the attached Exhibit 99.1 for the full text of the press release.