COMMSCOPE HOLDING COMPANY, INC. (NASDAQ:COMM) Files An 8-K Results of Operations and Financial Condition

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COMMSCOPE HOLDING COMPANY, INC. (NASDAQ:COMM) Files An 8-K Results of Operations and Financial Condition

Item2.02. Results of Operations and Financial Condition.

On February23, 2017, CommScope Holding Company, Inc. (the
Company) issued a press release relating to its financial results
for the fourth quarter of 2016 and full fiscal year 2016. A copy
of the press release, which is incorporated by reference herein,
is attached hereto as Exhibit 99.1. Following the publication of
the press release, the Company will host an earnings call during
which its financial results for the fourth quarter of 2016 and
full fiscal year 2016 will be discussed.

The foregoing information (including the exhibit hereto) is being
furnished and shall not be deemed filed for purposes of Section18
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 expressly set forth
by specific reference in such filing.

Item5.02. Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.

On February21, 2017, Campbell R. Dyer, a member of the Companys
board of directors (the Board), notified the Company of his
decision to resign from the Board, effective as of March1, 2017.
Mr.Dyer also resigned his positions as a member of the
Compensation Committee and Nominating Committee of the Board.
Mr.Dyers decision to resign was not the result of a disagreement
with the Company, management or the Board.

to the Companys Amended and Restated Certificate of
Incorporation, the members of the Companys Board are elected to
serve staggered terms and are divided into three classes, with
the term of office of one class of Board members expiring at each
annual meeting of the stockholders. Following the resignation of
Mr.Dyer as a Class II director, the Board would consist of three
Class I directors, two Class II directors and four Class III
directors. In order to ensure that the Board consists of three
classes divided as evenly as possible, Austin A. Adams, a Class
III member of the Board, tendered his resignation as a Class III
director, to be effective immediately following Mr.Dyers
resignation. The Board immediately reappointed Mr.Adams as a
Class II director, to be effective immediately following Mr.Dyers
resignation, to serve until the Companys 2018 annual meeting of
stockholders, or until his successor is duly elected and
qualified. Mr.Adams resignation and reappointment were effected
solely to reclassify the Board in order to have three classes
divided as evenly as possible. For all other purposes, Mr.Adams
service on the Board is deemed to have continued uninterrupted
without any break in service since the date he first joined the
Board, and Mr.Adams will continue to serve as a member of the
Audit Committee.

Item8.01. Other Events.

On February23, 2017, the Company announced that the Board has
authorized the repurchase of up to $100 million of the Companys
outstanding common stock. The intent of the repurchase program is
to reduce dilution from grants under the various equity-based
award programs. Any share repurchases under this authorization
will be made in accordance with applicable securities laws in
either open market or privately negotiated transactions. The
Company may also, from time to time, enter into Rule 10b5-1 plans
to facilitate repurchases of its shares under this authorization.
The method, timing and amount of shares repurchased under the
authorization will depend on several factors, including capital
and liquidity requirements, market conditions and alternative
uses for cash. The program does not obligate the Company to
acquire any particular amount of its common stock, and the
program may be extended, modified, suspended or discontinued at
any time. The repurchase authorization expires on February28,
2018.

Item9.01. Financial Statements and Exhibits.

Exhibit.

Description.

99.1 CommScope Holding Company, Inc. press release, dated
February23, 2017.

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About COMMSCOPE HOLDING COMPANY, INC. (NASDAQ:COMM)

CommScope Holding Company, Inc. is provider of infrastructure solutions for wireless, business enterprise and residential broadband networks. The Company operates through four segments: Wireless, Enterprise, Broadband and Broadband Network Solutions (BNS). Its Wireless segment provides merchant RF wireless network connectivity solutions and cell distributed antenna systems (DAS) solutions to enable carriers’ second generation (2G), third generation (3G) and fourth generation (4G) networks. Its Enterprise segment provides enterprise connectivity solutions for data centers and commercial buildings, comprises voice, video, data and converged solutions. Its Broadband segment provides cable and communications products that support the multichannel video, voice and high-speed data services provided by multi-system operators (MSOs). The BNS segment provides fiber-optic and copper connectivity solutions for telecom and enterprise markets, as well as DAS solutions for the wireless market.

COMMSCOPE HOLDING COMPANY, INC. (NASDAQ:COMM) Recent Trading Information

COMMSCOPE HOLDING COMPANY, INC. (NASDAQ:COMM) closed its last trading session 00.00 at 40.31 with 3,348,562 shares trading hands.