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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: January 28, 2008
 
STEELCASE INC.
         
Michigan
(State of incorporation)
  1-13873
(Commission File Number)
  38-0819050
(IRS employer identification number)
         
901 44th Street SE
Grand Rapids, Michigan
(Address of principal executive offices)
      49508
(Zip code)
(616) 247-2710
 
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)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CRF 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

Item 8.01 Other Events.
     On January 28, 2008, Steelcase Inc. (the “Company”) entered into a stock repurchase agreement with an independent third party broker under which the broker is authorized to repurchase up to $60 million of shares of the Company’s common stock on behalf of the Company during the period from January 28, 2008 through June 29, 2008, subject to certain price, market and volume constraints specified in the agreement. The agreement was established in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The shares will be purchased pursuant to the Company’s previously announced share repurchase program and in a manner consistent with applicable laws and regulations, including the provisions of the safe harbor contained in Rule 10b-18 under the Exchange Act.

 


 

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.
             
 
           Steelcase Inc.    
 
           
Date: January 28, 2008
           
 
           
 
           /S/ David C. Sylvester    
         
 
           
 
      David C. Sylvester    
 
      Vice President and Chief Financial Officer    
 
      (Duly Authorized Officer and
Principal Financial Officer)