SEC Filing Html Data

cixpressrelease081507.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 the earliest event reported)
August 15, 2007
 
CompX International Inc.
(Exact name of registrant as specified in its charter)
 
Delaware
1-13905
57-0981653
(State or other jurisdiction of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
     
     
5430 LBJ Freeway, Suite 1700, Dallas, Texas
75240-2697
(Address of principal executive offices)
(Zip Code)
 
Registrant’s telephone number, including area code
(972) 448-1400
 
     
 
(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):
 
o
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 7.01
Regulation FD Disclosure.

The registrant hereby furnishes the information set forth in its press release issued on August 15, 2007, a copy of which is attached hereto as Exhibit 99.1 and incorporated herein by reference.

The information, including the exhibit, the registrant furnishes in this report is not deemed “filed” for purposes of section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.  Registration statements or other documents filed with the U.S. Securities and Exchange Commission shall not incorporate this information by reference, except as otherwise expressly stated in such filing.

Item 9.01
Financial Statements and Exhibits.

(d)
Exhibits
   
       
 
Item No.
 
Exhibit Index
       
 
99.1
 
Press release dated August 15, 2007 issued by the registrant.




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.

 
CompX International Inc.
 
(Registrant)
   
   
   
   
 
By:        /s/ A. Andrew R. Louis
Date:  August 16, 2007
A. Andrew R. Louis, Secretary




INDEX TO EXHIBITS


Item No.
 
Exhibit Index
     
99.1
 
Press release dated August 15, 2007 issued by the registrant.


exhibit991.htm


 

COMPX ANNOUNCES INCREASE IN SHARES AUTHORIZED FOR REPURCHASE AND DECLARES REGULAR QUARTERLY DIVIDEND


DALLAS, TEXAS . . . August 15, 2007 . . . CompX International Inc. (NYSE:  CIX) announced today that its board of directors has authorized the repurchase of up to an additional 500,000 shares of CompX class A common stock in open market transactions, including block purchases, or in privately negotiated transactions.  The authorization to repurchase these 500,000 shares is in addition to the 450,700 shares of CompX class A common stock that remain available for CompX to repurchase under a prior authorization of the board of directors.  The combined 950,700 shares authorized for repurchase represent approximately 6.2% of CompX’s 15.3 million shares of class A and class B common stock outstanding and 18.1% of CompX’s 5.3 million shares of class A common stock outstanding.  The stock may be purchased from time to time as market conditions permit.

The stock repurchase program does not include specific price targets or timetables and may be suspended at any time.  Depending on market conditions, the program could be suspended or terminated prior to completion.  CompX will use its cash on hand to acquire the shares. Repurchased shares will be added to CompX’s treasury and canceled.

CompX also announced today that its board of directors declared CompX’s regular quarterly dividend of twelve and one-half cents ($0.125) per share on its class A and class B common stock, payable on September 20, 2007 to stockholders of record at the close of business on September 7, 2007.

CompX is a leading manufacturer of security products, furniture components and performance marine components.

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