Southern Copper 8-K 2008
January 29, 2008
SOUTHERN COPPER CORPORATION
11811 North Tatum Blvd., Suite 2500,
Phoenix, AZ 85028
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):
8.01 OTHER EVENTS
On January 29, 2008, Southern Copper Corporation (the Company) issued a press release announcing that its Board of Directors has approved a share repurchase program authorizing the Company to purchase up to $300 million of the Companys Common Stock. The Company indicated that share repurchases will take place from time to time based on market conditions and other factors, that the repurchase program has no expiration date and may be modified or discontinued at any time, and that any shares acquired will be available for general corporate purposes.
The Company further indicated that the Company intends to finance the share repurchase program through available cash. A copy of the press release is attached hereto as Exhibit 99.1.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
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 thereunto duly authorized.
Date: January 29, 2008