Document
false0001065696 0001065696 2019-10-31 2019-10-31


 
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): October 31, 2019
________________________ 
LKQ CORPORATION
(Exact name of registrant as specified in its charter)
_______________________ 
Delaware
 
 
000-50404
 
 
36-4215970
(State or other jurisdiction of
incorporation or organization) 
 
 
(Commission
File Number)
 
 
(IRS Employer
Identification No.)
 
 
 
 
 
 
 
500 West Madison Street,
Suite 2800
 

 

 
Chicago,
Illinois
 
 
 
60661
                                          (Address of principal executive offices)
 
 
(Zip Code)
Registrant's telephone number, including area code: (312621-1950
N/A
(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))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
 
Trading Symbol(s)
 
 
                    Name of each exchange on which registered
Common Stock, par value $.01 per share
 
LKQ
 

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      
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. o
 





Item 8.01
Other Events.
On October 31, 2019, LKQ Corporation (the "Company") issued a press release announcing that its Board of Directors authorized an increase to the Company's existing stock repurchase program under which the Company may purchase up to an additional $500 million of its common stock from time to time through October 25, 2022. With the increase, the Board of Directors has authorized a total of $1.0 billion of common stock repurchases.
Repurchases under the program may be made in the open market or in privately negotiated transactions, with the amount and timing of repurchases depending on market conditions and corporate needs. Open market repurchases will be structured to occur within the pricing and volume requirements of SEC Rule 10b-18. The repurchase program does not obligate the Company to acquire any specific number of shares and may be suspended or discontinued at any time.
A copy of the October 31, 2019 press release is furnished as Exhibit 99.1 to this report and is incorporated herein by reference.
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits 

Exhibit
Number
 
Description of Exhibit
 
LKQ Corporation Press Release dated October 31, 2019.
104
 
Cover Page Interactive Data File (embedded within the Inline XBRL document).







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.
Dated: November 1, 2019
 
 
LKQ CORPORATION
 
 
By: 
/s/ Varun Laroyia
 
Varun Laroyia
 
Executive Vice President and Chief Financial Officer