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 10, 2012                                                 

 

 

THE TIMKEN COMPANY

 

(Exact Name of Registrant as Specified in its Charter)

 

 

Ohio

 

 

(State or Other Jurisdiction of Incorporation)

 

1-1169				34-0577130
(Commission File Number)				(I.R.S. Employer Identification No.)

1835 Dueber Avenue, S.W., Canton, Ohio 44706-2798

 

 

        (Address of Principal Executive Offices)            (Zip Code)

(330) 438-3000

 

 

(Registrant’s Telephone Number, Including Area Code)

 

 

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.

 

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

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Item 8.01

Other Events.

On February 10, 2012, the Board of Directors of The Timken Company (the “Company”) approved a new share purchase plan pursuant to which the Company may purchase up to ten million of its outstanding common shares, without par value (“Common Shares”). This new share purchase plan replaces the Company’s existing share purchase plan previously approved on November 3, 2006. Under this new share purchase plan, from time-to-time the Company may purchase its Common Shares in open market purchases or privately negotiated transactions and may make all or part of the purchases pursuant to accelerated share repurchases or Rule 10b5-1 plans. This new share purchase plan expires on December 31, 2015.

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.

 

Date: February 10, 2012

 

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