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Harris Associates to change filing status following election of Breeden's nominees to H&R Block board
By Lisa Kerner
Charlotte, N.C., Sept. 19 - H&R Block, Inc. investor Harris Associates LP said that as a result of the recent shareholder vote electing the nominees of Breeden Partners LP to the company's board of directors, Harris has determined that it no longer needs to file its report of beneficial ownership on schedule 13D and that it meets the requirements for filing such reports on schedule 13G.
Harris purchased 1,900 shares of H&R Block stock on Aug. 2 for $20.23 per share and 5,900 shares on Aug. 7 for $19.95 per share. The transactions were reported in a schedule 13D filing with the Securities and Exchange Commission.
The reporting persons own 21,856,500 shares, or 6.7%, of the Kansas City, Mo., tax and accounting consulting services company.
In a previous schedule 13D filing, Harris said it would vote its clients' shares of H&R Block in favor of Breeden's nominees on Sept. 6.
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