Document


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): February 21, 2019
__________________________________________
LEIDOS HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
_________________________________________

Delaware
 
001-33072
 
20-3562868
 
 
 
 
 
(State or other Jurisdiction of
Incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)

 
 
 
11951 Freedom Drive, Reston, Virginia
 
20190
 
 
 
(Address of Principal Executive Offices)
 
(Zip Code)
Registrants’ telephone number, including area code: (571) 526-6000
N/A
 (Former names or former addresses 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:
 
 
 
o
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
 
o
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
 
o
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
 
o
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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).
Emerging growth company    ☐
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.    ☐







Item 7.01     Regulation FD Disclosure.
On February 21, 2019, the Company entered into an accelerated share repurchase agreement with a financial institution to repurchase $200 million of the Company’s common stock. Approximately 80% of the shares to be repurchased under the transaction will be received by the Company in February 2019. This agreement was entered into pursuant to the Company’s previously announced share repurchase authorization.

The press release relating to the accelerated share repurchase agreement is furnished as an exhibit to this Form 8‑K.

Item 9.01
Financial Statements and Exhibits.
 
 
Press Release of Leidos Holdings, Inc. dated February 21, 2019

 
 
 








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.
 
 
 
 
 
LEIDOS HOLDINGS, INC.
 
 Dated:  February 21, 2019
By:
 /s/ Raymond L. Veldman
 
 
Raymond L. Veldman
 
 
Senior Vice President and
Deputy General Counsel