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8-KThe WireStrategic

Results of Operations · Company Update

Filed Jul 28, 2022 · 3y ago · Accession 0000012208-22-000040

Plain English

Material event — a significant development the company must disclose promptly.

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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:   July 28, 2022 (Date of earliest event reported) BIO-RAD LABORATORIES, INC. (Exact name of registrant as specified in its charter) Commission File Number: 1-7928   Delaware   94-1381833 (State or other jurisdiction of incorporation)   (I.R.S. Employer Identification No.)   1000 Alfred Nobel Dr. Hercules , California 94547 (Address of principal executive offices, including zip code)   (510) 724-7000 (Registrant’s telephone number, including area code) 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)) Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s)   Name of each exchange on which registered Class A Common Stock, Par Value $0.0001 per share   BIO   New York Stock Exchange Class B Common Stock, Par Value $0.0001 per share   BIOb   New York Stock Exchange 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.    ☐ ITEM 2.02    Results of Operations and Financial Condition On July 28, 2022, Bio-Rad Laboratories, Inc. announced its financial results for the quarter ended June 30, 2022.  A copy of the press release is furnished as Exhibit 99.1 to this report. In accordance with General Instruction B.2 of Form 8-K, the information in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. ITEM 8.01    Other Events On July 28, 2022, Bio-Rad Laboratories, Inc. (the "Company") announced that its Board of Directors authorized increasing the amount available under the Company's Share Repurchase Program to allow the Company to repurchase up to an additional $200.0 million of stock. As of June 30, 2022, $98.1 million of stock remained available for repurchases under the Company's current Share Repurchase Program which was authorized by the Board in July 2020 and in November 2017. Repurchases under the Share Repurchase Program may be made at management's discretion from time to time on the open market or through privately negotiated transactions. The Share Repurchase Program has no time limit and may be suspended for periods or discontinued at any time. Any shares acquired will be available for general corporate purposes, including supporting employee stock plans, funding acquisitions and minimizing dilution from stock issuances. ITEM 9.01    Financial Statements and Exhibits Exhibit Number    Description 99.1    Press release of Bio-Rad Laboratories, Inc. dated July 28, 2022 104.1 Cover Page Interactive Data File - the cover page iXBRL tags are embedded within the Inline XBRL document 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.        BIO-RAD LABORATORIES, INC.       Date: July 28, 2022 By: /s/ Ilan Daskal       Ilan Daskal       Executive Vice President and Chief Financial Officer
Filing details
Ticker
BIO
CIK
12208
Form type
8-K
Filing date
Jul 28, 2022
Report date
Jul 28, 2022
Document
bio-20220728.htm
Size
716 KB