UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the Month of November 2014
Commission file number 0-30070
AUDIOCODES LTD.
(Translation of registrant’s name
into English)
1 Hayarden Street • Airport City,
Lod 7019900 • ISRAEL
(Address of principal executive office)
Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F.
Indicate by check mark if the registrant is
submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
Note: Regulation S-T Rule 101(b)(1)
only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is
submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
Note: Regulation S-T Rule 101(b)(7)
only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant
foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated,
domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on
which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to
be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the
subject of a Form 6-K submission or other Commission filing on EDGAR.
EXPLANATORY NOTE
On November 25, 2014,
AudioCodes Ltd. issued a press release entitled, “AudioCodes Receives court approval for $15 million share repurchase program.”
The following document
is attached hereto and incorporated by reference herein:
Exhibit 99.1. Press
release, dated November 25, 2014, entitled “AudioCodes Receives court approval for $15 million share repurchase program.”
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,
thereunto duly authorized.
|
AUDIOCODES LTD. |
|
(Registrant) |
|
|
|
|
By: |
/s/ ITAMAR ROSEN |
|
|
Itamar Rosen, Advocate |
|
|
Chief Legal Officer and Company Secretary |
Dated: November 25, 2014
EXHIBIT INDEX
Exhibit
No. |
|
Description |
99.1 |
|
Press release, dated November 25, 2014, entitled “AudioCodes Receives court approval for $15 million share repurchase program.” |
Exhibit 99.1
P R E S S R E L E A S E
Company
Contacts |
|
IR
Agency Contact |
Shirley Nakar,
Director, Investor Relations
AudioCodes
Tel: +972-3-976-4000
shirley@audiocodes.com |
|
Philip Carlson/ Chris Harrison
KCSA Strategic Communications
Tel: +1-212-896-1233
audc@kcsa.com |
AudioCodes Receives
court approval for $15 million share repurchase program
Lod,
Israel – November 25, 2014 - AudioCodes (NasdaqGS:
AUDC), a leading provider of converged voice solutions that enable enterprises and service providers to transition to all-IP
voice networks, today announced it has received a court approval to repurchase up to an additional $15 million of its Ordinary
Shares. As of October 31, 2014, AudioCodes had approximately 42.8 million Ordinary Shares outstanding. Repurchases may now resume
after exhausting the initial stage of the repurchase program previously announced in August 2014. In the initial stage, AudioCodes
repurchased $3 million of its Ordinary Shares.
Share purchases
will take place in open market transactions or in privately negotiated transactions and may be made from time to time depending
on market conditions, share price, trading volume and other factors. Such purchases will be made in accordance with all applicable
securities laws and regulations. For all or a portion of the authorized repurchase amount, AudioCodes may enter into a plan that
is compliant with Rule 10b5-1 of the United States Securities Exchange Act of 1934 that is designed to facilitate these purchases.
The repurchase program does not require AudioCodes to acquire a specific number of shares, and may be suspended from time to time
or discontinued. The court approval will initially be valid for a period of six months.
About AudioCodes
AudioCodes Ltd. (NasdaqGS, TASE: AUDC)
designs, develops and sells advanced Voice-over-IP (VoIP) and converged VoIP and Data networking products and applications to
Service Providers and Enterprises. AudioCodes is a VoIP technology market leader, focused on converged VoIP and data communications,
and its products are deployed globally in Broadband, Mobile, Enterprise networks and Cable. The Company provides a range of innovative,
cost-effective products including Media Gateways, Multi-Service Business Routers, Session Border Controllers (SBC), Residential
Gateways, IP Phones, Media Servers, Value Added Applications and Professional Services. AudioCodes’ underlying technology,
VoIPerfectHD™, relies on AudioCodes’ leadership in DSP, voice coding and voice processing technologies. AudioCodes’
High Definition (HD) VoIP technologies and products provide enhanced intelligibility and a better end user communication experience
in Voice communications. For more information on AudioCodes, visit http://www.audiocodes.com.
AudioCodes
Receives court approval for $15 million share repurchase program | Page 1 of 2 |
To download AudioCodes investor relations
app, which offers access to its SEC filings, press releases, videos, audiocasts and more, please visit Apple's App Store
for the iPhone and iPad or Google Play for Android mobile devices.
Statements concerning AudioCodes'
business outlook or future economic performance; product introductions and plans and objectives related thereto; and
statements concerning assumptions made or expectations as to any future events, conditions, performance or other matters, are
"forward-looking statements'' as that term is defined under U.S. Federal securities laws. Forward-looking statements are
subject to various risks, uncertainties and other factors that could cause actual results to differ materially from those
stated in such statements. These risks, uncertainties and factors include, but are not limited to: the effect of global
economic conditions in general and conditions in AudioCodes' industry and target markets in particular; shifts in supply and
demand; market acceptance of new products and the demand for existing products; the impact of competitive products and
pricing on AudioCodes' and its customers' products and markets; timely product and technology development, upgrades and the
ability to manage changes in market conditions as needed; possible need for additional financing; the ability to satisfy
covenants in the Company’s loan agreements; possible disruptions from acquisitions; the ability of AudioCodes to
successfully integrate the products and operations of acquired companies into AudioCodes’ business; and other factors
detailed in AudioCodes' filings with the U.S. Securities and Exchange Commission. AudioCodes assumes no obligation to update
the information in this release.
©2014 AudioCodes Ltd. All rights reserved. AudioCodes, AC, HD VoIP, HD VoIP Sounds
Better, IPmedia, Mediant, MediaPack, OSN, SmartTAP, VMAS, VoIPerfect, VoIPerfectHD, Your Gateway To VoIP and 3GX are
trademarks or registered trademarks of AudioCodes Limited. All other products or trademarks are property of their
respective owners. Product specifications are subject to change without notice.
AudioCodes
Receives court approval for $15 million share repurchase program | Page 2 of 2 |
AudioCodes (NASDAQ:AUDC)
Historical Stock Chart
From Mar 2024 to Apr 2024
AudioCodes (NASDAQ:AUDC)
Historical Stock Chart
From Apr 2023 to Apr 2024