Unassociated Document

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)
April 26, 2010
 

Oil-Dri Corporation of America
(Exact name of registrant as specified in its charter)
 

Delaware
  
001-12622
  
36-2048898
(State or other jurisdiction of incorporation)
  
(Commission File Number)
  
(IRS Employer Identification No.)


410 North Michigan Avenue
Suite 400
Chicago, Illinois
60611-4213
(Address of principal executive offices)
(Zip Code)

Registrant’s telephone number, including area code
(312) 321-1515
 
 
(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):

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 April 26, 2010, Oil-Dri Corporation of America (the “Registrant”) entered into a stock purchase plan with Morgan Stanley Smith Barney, LLC (the “Plan”) pursuant to which the Registrant may repurchase shares of its Common Stock, par value $.10 per share, under previously disclosed repurchase authorization from its Board of Directors.  The Plan has been structured in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).  The Registrant may modify or terminate the Plan, subject to compliance with applicable securities laws, or enter into similar stock purchase plans from time to time in the future.

The Plan is effective from May 10, 2010 through June 10, 2010 (inclusive of both dates), and provides for the Registrant’s repurchase of shares of Common Stock in open market and block transactions that satisfy certain price and volume limitations specified in the Plan.  The Plan also requires that all repurchases satisfy the “safe harbor” conditions of Rule 10b-18 under the Exchange Act.  There can be no assurance that any shares will in fact be repurchased by the Registrant under the Plan or otherwise.
 
 
 
 
 
SIGNATURES


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.

  OIL-DRI CORPORATION OF AMERICA  
     
     
       
 
By:
/s/ Charles P. Brissman  
    Charles P. Brissman  
    Vice President and General Counsel  
       
 
 
Date: April 30, 2010