8-KThe WireRoutine
Reg FD Disclosure
Filed Feb 18, 2022 · 4y ago · Accession 0001104659-22-025072
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗Common Shares, Without Par Value
ABT
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
February 18, 2022
Date of Report (Date of earliest event reported)
ABBOTT LABORATORIES
(Exact name of registrant as specified in
charter)
Illinois
1-2189
36-0698440
(State or other Jurisdiction
(Commission File Number)
(IRS Employer
of Incorporation)
Identification No.)
100 Abbott Park Road
Abbott Park , Illinois 60064-6400
(Address of principal executive offices)(Zip
Code)
Registrant’s telephone number, including
area code: ( 224 ) 667-6100
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
Common Shares, Without Par Value
ABT
New
York Stock Exchange
Chicago
Stock Exchange, Inc.
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 7.01 Regulation FD Disclosure
On February 17,
2022, Abbott initiated a proactive, voluntary recall of Similac-brand powder infant formulas manufactured in Sturgis, Michigan.
The recall primarily involves product distributed in the U.S. and Canada. Abbott is confirming its previously issued full-year 2022
guidance for adjusted diluted earnings per share from continuing operations of at least $4.70. Abbott will incur a one-time specified
item in the first quarter 2022 for recall related expenses, including inventory destruction and other recall expenses. These expenses
have not yet been quantified. However, Abbott does not expect that these expenses will have a material impact on Abbott’s
consolidated financial statements. Abbott has issued a press release informing consumers.
The information contained in this Item 7.01 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange
Act of 1934, or incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except
as shall be expressly set forth by specific reference in any such filing.
— Private Securities Litigation Reform
Act of 1995 —
A Caution Concerning Forward-Looking Statements
Some statements in this Current Report may be forward-looking statements
for purposes of the Private Securities Litigation Reform Act of 1995. Abbott cautions that these forward-looking statements are subject
to risks and uncertainties that may cause actual results to differ materially from those indicated in the forward-looking statements.
Economic, competitive, governmental, technological and other factors that may affect Abbott's operations are discussed in Item 1A, "Risk
Factors" in our Annual Report on Form 10-K for the year ended Dec. 31, 2020, and are incorporated herein by reference.
Abbott undertakes no obligation to release publicly any revisions to forward-looking statements as a result of subsequent events or developments,
except as required by law.
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.
ABBOTT LABORATORIES
Date: February 18, 2022
By:
/s/ Robert E. Funck, Jr.
Robert E. Funck, Jr.
Executive Vice President, Finance and Chief Financial Officer
Filing details
- Company
- ABBOTT LABORATORIES
- Ticker
- ABT
- CIK
- 1800
- Form type
- 8-K
- Filing date
- Feb 18, 2022
- Report date
- Feb 18, 2022
- Document
- tm227088d1_8k.htm
- Size
- 248 KB