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)          August 14, 2008

 

Comfort Systems USA, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Registrant’s telephone number, including area code          (713) 830-9600

 

 

(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:

 

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 CFR 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

 

Attached and incorporated herein by reference as Exhibit 99.1 is a copy of a press release of Comfort Systems USA, Inc., a Delaware corporation (the “Company”) dated August 18, 2008 announcing that its Board of Directors (the “Board”) has approved an amendment to the Company’s stock repurchase program to increase the shares authorized and remaining as available to purchase back up to 1,000,000 shares by authorizing the Company to acquire up to 775,060 additional shares of its outstanding common stock.  The Company’s existing stock repurchase program had previously authorized the repurchase of up to 2,113,283 shares of the Company’s outstanding common stock.

 

Through August 14, 2008, the Company had repurchased 1,888,343 shares of the Company’s common stock at an aggregate price of $24.0 million.  This extension of the stock repurchase program will “top off” the plan and permit the Company to repurchase up to an additional one million shares of its currently outstanding common stock beyond what had already been purchased as of August 14, 2008.

 

The share repurchases will be made from time to time at the Company’s discretion in the open market or privately negotiated transactions as permitted by securities laws and other legal requirements, and subject to market conditions and other factors.  The Company expects that the share repurchases will be financed with available cash.  The Company’s Board of Directors may modify, suspend, extend or terminate the program at any time.

 

                Attached and incorporated herein by reference as Exhibit 99.2 is a copy of a press release of the Company dated August 18, 2008 announcing that it has acquired Delcard Associates, Inc., a Delaware corporation and a full service commercial HVAC company based in Wilmington, Delaware.

 

Item 9.01               Financial Statements and Exhibits

 

The following exhibit is included herein:

 

                    Exhibit 99.1 Press release dated August 18, 2008 announcing the Board’s approval of the amended stock repurchase program.

 

                      Exhibit 99.2 Press release dated August 18, 2008 announcing that it has acquired Delcard Associates, Inc., a Delaware corporation a full service commercial HVAC company based in Wilmington, Delaware.

 

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.

 

 

Date:    August 19, 2008

 

 

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