SEC Filing Summary: USA Mobility, Inc. (Form 8-K)
Business Context and Reporting Period
This Current Report on Form 8-K was filed by USA Mobility, Inc. on November 30, 2009. The filing addresses Item 8.01 (Other Events) regarding a corporate action approved by the Board of Directors. Note: The input metadata references "Spok Holdings, Inc," but the filing text explicitly identifies the registrant as USA Mobility, Inc.
Key Financial Metrics
The filing provides specific data regarding the company's common stock repurchase program as of September 30, 2009:
- Shares Repurchased: Approximately 4.7 million shares.
- Total Cost: $41.7 million.
- Average Price Per Share: $8.79.
- Remaining Authority: Approximately $21.5 million.
The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity for the reporting period.
Material Changes
The Board of Directors approved an extension of the previously announced common stock repurchase program. The program's expiration date was extended from December 31, 2009, to March 31, 2010.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future operations, or discussion of risks and contingencies beyond the stock repurchase extension. The text includes a standard disclaimer stating that the information in Item 8.01 and the attached press release is not deemed "filed" for purposes of Section 18 of the Exchange Act.
Investor Verification Checklist
- Verify the exact number of shares repurchased between October 1, 2009, and November 30, 2009, as the data provided is only current through September 30, 2009.
- Confirm the remaining repurchase authority as of the filing date (November 30, 2009), as the $21.5 million figure is from September 30, 2009.
- Review the attached Exhibit 99.1 (Press Release) for any additional details on the rationale for the extension.
- Clarify the relationship between the metadata name "Spok Holdings, Inc" and the registrant "USA Mobility, Inc."