Azenta Inc. filed SEC Form 8-K: Regulation FD Disclosure, Other Events, Financial Statements and Exhibits

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PURSUANT TO SECTION 13 or 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

 

 

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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:

 

 

 

 

 

Securities registered pursuant to Section 12(b) of the Act:

 

 

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).

 

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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.  ☐

 

 

 

 

On December 10, 2025, Azenta, Inc. (“Azenta” or the “Company”) issued a press release announcing the Repurchase Program (as defined below), a copy of which is furnished as Exhibit 99.1 to this Current Report on Form 8‑K. In addition, as previously announced on October 15, 2025, Azenta will hold an Investor Day beginning at 1:00 p.m. ET on December 10, 2025. A copy of the presentation that will be used in connection with the Investor Day is attached hereto as Exhibit 99.2.

 

The information furnished in this Item 7.01, including Exhibits 99.1 and 99.2, shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such filing.

 

Cautionary Note Regarding Forward-Looking Statements. Except for historical information contained in the presentation attached as Exhibit 99.2 hereto, the presentation contains forward-looking statements which involve certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these statements. Please refer to the cautionary note in the presentation regarding these forward-looking statements.

 

 

 

On December 8, 2025, the Board of Directors (the “Board”) of Azenta authorized a stock repurchase program (the “Repurchase Program”), under which the Company may repurchase up to $250 million of its outstanding common stock. The Repurchase Program is intended to enhance shareholder value and capitalize on undervaluation. The Repurchase Program became effective on December 9, 2025 and is scheduled to expire on December 31, 2028, unless extended, suspended or terminated earlier by the Board.

 

Repurchases under the Repurchase Program may be made from time to time in the open market, in privately negotiated transactions, in accelerated share repurchases, through block trades, or through trading plans intended to qualify under Rule 10b5‑1 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), in each case, subject to market conditions and applicable legal and regulatory requirements, including Rule 10b‑18 under the Exchange Act. The timing, volume and price of repurchases will be determined at the discretion of the Company’s management based on a variety of factors, including stock price, general business and market conditions, alternative investment opportunities, liquidity, and other considerations.

 

The Repurchase Program does not obligate the Company to acquire any particular amount of common stock, and it may be modified, suspended or terminated at any time without prior notice. Repurchases under the Repurchase Program are expected to be funded using the Company’s available cash reserves, operating cash flow, or other sources as determined by management, consistent with the Company’s financial policies.

 

 

 

(d) 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 hereunto duly authorized.