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): September 3,
2008
____________________
ICO,
INC.
(Exact
name of registrant as specified in its charter)
|
Texas
(State
or other jurisdiction
of
incorporation)
|
0-10068
(Commission
File
Number)
|
76-0566682
(I.R.S.
Employer
Identification
No.)
|
1811
Bering Drive, Suite 200
Houston,
Texas 77057
(Address
of principal executive offices and zip code)
(713)
351-4100
(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 (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
5.02 Departure
of Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.
On
September 3, 2008, Dario E. Masutti, President – ICO Asia Pacific, tendered his
resignation, to be effective September 30, 2008. At this time, ICO,
Inc. (the “Company”) and Mr. Masutti intend that Mr. Masutti will assist the
Company with any transition issues during his three-month contractual notice
period that begins October 1, 2008.
Item
8.01 Other
Events.
On September 8, 2008 (after the close
of market), the Company issued a press release announcing that its Board of
Directors authorized the repurchase of up to $12,000,000 of its outstanding
common stock over the next two years. A copy of the press release is
attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated
herein by reference.
Item
9.01 Financial
Statements and Exhibits.
Exhibit
Number
Description
|
99.1
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Press Release issued by ICO, Inc., dated September 8, 2008, titled “ICO,
Inc. Announces Share Repurchase
Program.”
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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.
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ICO,
INC.
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Date:
September 8, 2008
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By:
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/s/
A. John Knapp, Jr.
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Name:
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A.
John Knapp, Jr.
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Title:
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Chief
Executive Officer and President
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