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

 

September 16, 2008

Date of Report (Date of earliest event reported)

 

OWENS-ILLINOIS, INC.

(Exact name of registrant as specified in its charter)

 

Delaware
(State or other jurisdiction
of incorporation or organization)

 

1-9576
(Commission
File Number)

 

22-2781933
(I.R.S. Employer
Identification Number)

 

 

 

 

 

One Michael Owens Way
Perrysburg, Ohio
(Address of principal executive offices)

 

43551-2999
(Zip Code)

 

(567) 336-5000

(Registrant’s telephone number, including area code)

 

 

(Former name or former address, if changed since last report)

 

Check the appropriate box 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))

 

 

 


 

Item 7.01.                                          Regulation FD Disclosure.

 

On September 16, 2008, Owens-Illinois, Inc. (the “Company”) updated its outlook for free cash flow for the fiscal year ending December 31, 2008.  A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference.

 

In accordance with General Instruction B.2 of Form 8-K, the information in this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth in such a filing.

 

Item 8.01.                                          Other Events.

 

On September 16, 2008, the Company announced that the Board of Directors approved a stock repurchase plan for up to $350 million of the Company’s outstanding common stock.  A copy of the press release is attached as Exhibit 99.2 and is incorporated herein by reference.

 

Item 9.01.                                          Financial Statements and Exhibits.

 

(d)                                                                                  Exhibits.

 

Exhibit

 

 

No.

 

Description

99.1

 

Owens-Illinois, Inc. Press Release dated September 16, 2008

99.2

 

Owens-Illinois, Inc. Press Release dated September 16, 2008

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

OWENS-ILLINOIS, INC.

 

 

 

 

 

 

 

 

By:

/s/ Edward C. White

 

 

Name:

Edward C. White

 

 

Title:

Senior Vice President and

 

 

 

Chief Financial Officer

 

 

 

 

 

 

 

 

Date: September 16, 2008

 

 

 

 

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EXHIBIT INDEX

 

Exhibit

 

 

No.

 

Description

99.1

 

Owens-Illinois, Inc. Press Release dated September 16, 2008

99.2

 

Owens-Illinois, Inc. Press Release dated September 16, 2008

 

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