Form 8-K

 

 

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): November 2, 2011

 

 

EMPLOYERS HOLDINGS, INC.

(Exact Name of Registrant as Specified in its Charter)

 

 

 

NEVADA   001-33245   04-3850065

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

10375 Professional Circle

Reno, Nevada

  89521
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number including area code: (888) 682-6671

No change since last report

(Former Name or 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:

 

¨ 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))

 

 

 


Section 2 – Financial Information

 

Item 2.02. Results of Operations and Financial Condition.

On November 2, 2011, Employers Holdings, Inc. (the “Company”) issued a press release announcing results for the third quarter ended September 30, 2011. The press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference, and is being furnished, not filed, under Item 2.02 to this Current Report on Form 8-K.

Section 8 – Other Information

 

Item 8.01. Other Events.

On November 2, 2011, the Company announced that its Board of Directors has declared a fourth quarter cash dividend of six cents per share on the Company’s common stock. The dividend is payable on November 30, 2011 to stockholders of record as of November 16, 2011.

On November 2, 2011, the Company also announced that its Board of Directors authorized a $100 million expansion of the Company’s existing $100 million common stock repurchase program (of which approximately $45 million remained for use as of September 30, 2011). In addition, the Board of Directors extended the expiration of the repurchase program to June 30, 2013 from its prior expiration of June 30, 2012. The Company intends to use this authorization to repurchase shares of common stock opportunistically through a variety of methods, including open market or private transactions, in accordance with applicable laws and regulations and as determined by the Company’s management. The Company has no obligation to repurchase any shares pursuant to this authorization. The timing and actual number of shares repurchased will depend on a variety of factors, including the Company’s share price, corporate and regulatory requirements, and other market and economic conditions. Repurchases pursuant to this authorization may be commenced or suspended from time to time without prior notice, and the repurchase program may be suspended, modified or discontinued at any time.

Section 9 – Financial Statements and Exhibits

 

Item 9.01. Financial Statements and Exhibits.

 

99.1    Employers Holdings, Inc. press release, dated November 2, 2011.


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.

 

EMPLOYERS HOLDINGS, INC.

By:  

/s/     Lenard T. Ormsby

Name:   Lenard T. Ormsby
Title:   Executive Vice President, Chief Legal Officer and General Counsel

Dated: November 2, 2011


Exhibit Index

 

Exhibit No.

  

Exhibit

99.1    Employers Holdings, Inc. press release, dated November 2, 2011.