UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): October 27, 2006
Red Hat, Inc.
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(Exact Name of Registrant as Specified in Charter)
Delaware 000-26281 06-1364380
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(State or other juris- (Commission (IRS Employer
diction of incorporation) File Number) Identification No.)
1801 Varsity Drive, Raleigh, North Carolina 27606
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (919) 754-3700
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(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. below):
|_| 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 8.01 Other Events
On October 27, 2006, the Company announced that its Board of Directors had
authorized the repurchase of up to an aggregate of $250 million of the Company's
common stock, par value $.0001 per share, and up to $75 million of its 0.5%
Convertible Senior Debentures due 2024 from time to time on the open market or
in privately negotiated transactions, as applicable. The program will expire on
earlier of (i) October 31, 2007, or (ii) a determination by the Board of
Directors, the Chief Executive Officer or Chief Financial Officer to discontinue
the program. The full text of the press release issued in connection with the
announcement of the repurchase program is furnished as Exhibit 99.1 to this
Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit 99.1 Company Press Release, dated October 27, 2006
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.
RED HAT, INC.
Date: October 27, 2006 By: /s/ Michael R. Cunningham
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Michael R. Cunningham
General Counsel and Secretary
EXHIBIT INDEX
Exhibit No. Description
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99.1 Company Press Release, dated October 27, 2006