SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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 12, 1997
QUALITY SYSTEMS, INC.
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(Exact Name of Registrant as Specified in Charter)
California 0-13801 95-2888568
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
17822 East 17th Street, Tustin, California 92680
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (714) 731-7171
N/A
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS.
On February 12, 1997, the Board of Directors of Quality Systems, Inc.
(the "Company") authorized the repurchase on the open market of up to ten
percent of its outstanding common stock at various times within the next twelve
months, subject to compliance with applicable laws and regulations. The timing
and amount of any repurchase will be at the discretion of the Company's
management based upon its view of prevailing economic and market conditions.
Repurchased shares would be held as treasury stock available for future
issuance by the Company.
The statements above about the potential stock repurchase are forward-
looking statements and actual results could differ materially from those
anticipated as a result of various factors. The Company's management could, in
the exercise of its judgment, decide not to effect any repurchases, or to
repurchase fewer shares than authorized, either as a result of market
factors or because of applicable laws and regulations. There is no assurance
that any shares will be repurchased, or that any repurchases will have a
positive market impact.
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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: March 11, 1997 QUALITY SYSTEMS, INC.
By: /s/ Robert G. McGraw
Name: Robert G. McGraw
Its: Chief Financial Officer
