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): June
7, 2007
Administaff,
Inc.
(Exact
name of registrant as specified in its charter)
|
Delaware
|
1-13998
|
76-0479645
|
|
(State
or other jurisdiction of
|
(Commission
|
(I.R.S.
Employer
|
|
incorporation)
|
File
Number)
|
Identification
No.)
|
19001
Crescent Springs Drive
Kingwood,
Texas 77339
(Address
of principal executive offices and zip code)
Registrant’s
telephone number, including area code: (281)
358-8986
Item
8.01. Other Events.
On
June
7, 2007, Administaff, Inc. (“Administaff”) adopted a stock trading plan in
accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 to facilitate
the repurchase of its common stock under Administaff’s previously announced
stock repurchase program.
On
June
7, 2007, Administaff’s board of directors authorized the repurchase of up to one
million additional shares of Administaff’s outstanding common stock, bringing
the total authorization to 10.5 million shares. As of June 7, 2007, Administaff
had repurchased 9.2 million shares, leaving 1.3 million shares available for
repurchase.
A
10b5-1
plan permits a company to repurchase its common stock during times when it
would
not otherwise be in the market due to self-imposed trading blackout periods
or
possible possession of nonpublic information. A broker will have the authority
to repurchase Administaff shares in accordance with the specific prearranged
terms of the plan, without further direction from Administaff, during
Administaff’s trading blackout periods.
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.
| |
|
|
| |
ADMINISTAFF,
INC. |
|
|
|
| |
By: |
/s/
Daniel D. Herink |
| |
Daniel
D. Herink |
| |
Vice
President of Legal,
General
Counsel and Secretary
|
Date:
June 11, 2007