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): July 24, 2008
BENCHMARK
ELECTRONICS, INC.
(Exact
name of registrant as specified in its charter)
|
Texas
(State
or other jurisdiction
of
incorporation)
|
1-10560
(Commission
File
Number)
|
74-2211011
(I.R.S.
Employer
Identification
No.)
|
|
3000
Technology Drive, Angleton, Texas
|
77515
|
|
(Address
of principal executive offices)
|
(Zip
code)
|
Registrant’s
telephone number, including area code: (979)
849-6550
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):
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.
On
July
24, 2008, Benchmark Electronics, Inc. issued a press release announcing that
its
Board of Directors had approved the repurchase of up to $100 million of the
Company’s outstanding common shares. Share repurchases may be made in the open
market, in privately negotiated transactions or block transactions, at the
discretion of the Company’s management, and as market conditions warrant. The
timing and amount of specific repurchases are subject to the requirements
of the
Securities and Exchange Commission, market conditions, alternative uses of
capital and other factors. The Company may enter into Rule 10b5-1 plans to
facilitate repurchases under the program. A Rule 10b5-1 plan would generally
permit the Company to repurchase the shares at times when it might otherwise
be
prevented from doing so under certain securities laws. Purchases will be
funded
from available cash and may be commenced, suspended or discontinued at any
time
without prior notice. Shares repurchased under the program will be retired.
A
copy of the press release is attached as Exhibit 99.1.
Item
9.01. Financial Statements and Exhibits.
Exhibit
99.1 Press
release dated July 24, 2008
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.
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BENCHMARK
ELECTRONICS, INC.
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|
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Dated:
July 24, 2008
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By: |
/s/ Cary
T. Fu |
| |
Cary
T. Fu |
| |
Chief
Executive Officer
|
EXHIBITS
INDEX
Exhibit
Number Description
Exhibit
99.1 Press
release dated July 24, 2008