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: August 7, 1998
ASA International Ltd.
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(Exact name of Registrant as specified in its Charter)
Delaware O-14741 02-0398205
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification Number)
10 Speen Street, Framingham, MA 01701
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(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including Area Code: 508-626-2727
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TABLE OF CONTENTS
FORM 8-K
August 7, 1998
Item Page
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Item 5. Other Events 1
Signatures 2
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Item 5. Other Events
The Registrant announced that its Board of Directors has authorized a share
repurchase program, pursuant to which the Registrant may purchase up to $500,000
of it common stock in the open market. The repurchase program will continue
until terminated by the Registrant's Board of Directors. The program is in
addition to a previously approved program under which the Company was authorized
to purchase up to $500,000 of its common stock. A total of approximately
$420,000 has been expended to date in the purchase of the Registrant's stock
under this plan. The Registrant has not committed to purchasing its shares, but
wants to have the flexibility to do so in the event that the Registrant
determines that repurchase of shares would represent an attractive use of the
Registrant's capital.
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SIGNATURES
Pursuant to the requirements of the Securities and 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.
ASA International Ltd.
By: /s/ Terrence C. McCarthy
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Terrence C. McCarthy
Vice President and Treasurer
Date: August 7, 1998
