UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM i 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
i ePlus inc.
i ePlus inc.
(Exact name of registrant as specified in its charter)
|
i Delaware
|
|
|
|
i 54-1817218
|
|
(State or other jurisdiction of incorporation or organization)
|
|
(Commission File Number)
|
|
(I.R.S. Employer Identification No.)
|
i 13595 Dulles Technology Drive, i Herndon, i Virginia
i 20171-3413
(Address, including zip code, of principal executive offices)
( i 703)
i 984-8400
(Registrant’s telephone number, including area code)
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 below):
i ☐ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
i ☐ Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
i ☐ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
i ☐ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
|
Title of each class
|
Trading Symbol(s)
|
Name of each exchange on which registered
|
i Common Stock, $.01 par value
|
i PLUS
|
i NASDAQ Global Select Market |
Indicate by check mark whether
the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of
this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company i ☐
If an emerging growth company, indicate by check mark if
the registrant has elected not to use the extended transition period for complying with
any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
i ☐
Item 8.01 Other Events
On
March 23, 2021, ePlus inc. (the
"Company") announced via
press release that
its Board of Directors approved a share repurchase plan. Under the plan
the Company may repurchase up to 500,000 shares of ePlus' outstanding common stock beginning on
May 28, 2021, through
May 27, 2022. The
Company's prior repurchase plan expires on
May 27, 2021.
The Company is authorized to repurchase its common stock through open market purchases, including under a trading plan adopted pursuant to Rule 10b5-1 of
the Securities Exchange Act of 1934 (the
"Exchange Act"), or private transactions, in accordance with applicable federal securities laws, including Rule 10b-18 of the Exchange Act. The timing of repurchases and
the exact number of shares to be purchased will be determined by
the Company's management, in its discretion, or pursuant to a Rule 10b5-1 trading plan, and will depend upon market conditions and other factors.
Item 9.01 Financial Statements and Exhibits
(d) The following exhibits are filed as part of this report:
|
Exhibit No.
|
Description
|
|
|
|
|
99.1
|
|
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.
|
|
ePlus inc.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Chief Financial Officer
|
|
|
