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) December 7, 2007
UNIVERSAL HEALTH SERVICES, INC.
(Exact name of registrant as specified in its charter)
| Delaware | 1-10765 | 23-2077891 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) | (IRS Employer Identification No.) |
| Universal Corporate Center 367 South Gulph Road King of Prussia, Pennsylvania |
19406 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (610) 768-3300
Not Applicable
(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 December 7, 2007, Universal Health Services, Inc. (the “Company”) announced that its Board of Directors authorized an additional 5,000,000 share repurchase program to supplement the 1,100,000 shares remaining under previous authorizations.
Item 9.01 Financial Statements and Exhibits
| (d) | Exhibits. 99.1 Universal Health Services, Inc., press release, dated December 7, 2007. |
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.
| Universal Health Services, Inc. | ||
| By: | /s/ Alan B. Miller | |
| Name: | Alan B. Miller | |
| Title: | Chairman of the Board, President and | |
| Chief Executive Officer | ||
| By: | /s/ Steve Filton | |
| Name: | Steve Filton | |
| Title: | Senior Vice President and Chief Financial Officer |
Date: December 10, 2007
Exhibit Index
| Exhibit No. | Exhibit | |
| 99.1 | Universal Health Services, Inc., press release, dated December 7, 2007. |
Exhibit 99.1
FOR IMMEDIATE RELEASE
| CONTACT: | Steve Filton | December 7, 2007 | ||
| Chief Financial Officer | ||||
| 610-768-3300 |
UNIVERSAL HEALTH SERVICES, INC.
ANNOUNCES SHARE REPURCHASE AUTHORIZATION
KING OF PRUSSIA, PA — Universal Health Services, Inc. (NYSE:UHS) announced today that its Board of Directors authorized an additional 5 million share repurchase program to supplement the 1.1 million shares remaining under previously announced authorizations. Pursuant to the stock repurchase program, the Company, from time to time as conditions allow, may purchase shares on the open market or in negotiated private transactions.
Universal Health Services, Inc. is one of the nation’s largest hospital companies, operating acute care and behavioral health hospitals and ambulatory centers nationwide and in Puerto Rico. It acts as the advisor to Universal Health Realty Income Trust, a real estate investment trust (NYSE: UHT). For additional information on the Company, visit our website:
www.uhsinc.com.
Certain statements in this release may constitute forward-looking statements and are subject to various risks and uncertainties as discussed in the Company’s filings with the Securities and Exchange Commission. The Company is not obligated to update these forward-looking statements, even if the Company’s assessment of these risks and uncertainties changes.
####