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) |
February 4, 2011 (February 2, 2011) |
|
GAMESTOP CORP. |
|
(Exact Name of Registrant as Specified in Charter) |
| Delaware |
| (State or Other Jurisdiction of Incorporation) |
| 1-32637 | 20-2733559 |
| (Commission File Number) | (IRS Employer Identification No.) |
| 625 Westport Parkway, Grapevine, Texas | 76051 |
| (Address of Principal Executive Offices) | (Zip Code) |
| (817) 424-2000 |
| (Registrant’s Telephone Number, Including Area Code) |
|
(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 February 4, 2011, GameStop Corp. (the “Company”) issued a press release announcing that its Board of Directors has authorized $500 million in additional repurchase funds which will be used in the Company’s share repurchase plan and/or to retire the Company’s Senior Notes due 2012. This program replaces the $500 million stock repurchase plan announced in September 2010.
Under the repurchase program, the Company may purchase the Company’s Senior Notes due 2012 and/or shares of issued and outstanding Class A Common Stock, par value $0.001 per share, through open market purchases, debt calls or privately negotiated transactions in compliance with Securities and Exchange Commission regulations and other legal requirements. The timing and actual amount of debt or share repurchases will depend on several factors including price, capital availability and other market conditions. This repurchase program does not have any specific limitations and may be suspended or terminated at any time.
A copy of the press release issued by the Company on February 4, 2011 announcing the foregoing is attached hereto as Exhibit 99.1.
| Item 9.01 | Financial Statements and Exhibits |
| (d) | Exhibits |
|
|
99.1 Press Release, dated February 4, 2011. |
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.
|
GAMESTOP CORP. |
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Date: |
February 4, 2011 |
By: /s/ Robert A. Lloyd |
|
|
Robert A. Lloyd |
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Executive Vice President and |
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Chief Financial Officer |
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EXHIBIT INDEX
|
Exhibit Number |
Description |
|
99.1 |
Press Release, dated February 4, 2011. |