UNITED STATES

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)  August 27, 2015



NVE Corporation

(Exact name of registrant as specified in its charter)


 



Minnesota
000-12196

41-1424202


(State
or other jurisdiction of incorporation)
(Commission File Number) 
(IRS Employer Identification No.)







11409 Valley View Road, Eden Prairie,
Minnesota
55344


(Address of principal executive offices)
(Zip Code)


Registrant’s telephone number, including area code (952) 829-9217


                                                                                                                                

(Former name or former address, if changed since last report.)


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 (see General
Instruction A.2. below):



[  ] 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))






Explanatory Note

     This Current Report on Form 8-K is being filed to
disclose the authorization of additional repurchases under our Stock Repurchase
Program.





Item 8.01. Other Events.



General Information About Our Stock Repurchase Program

     On January 21, 2009, we announced that our Board
of Directors authorized the repurchase of up to $2,500,000 of our Common Stock
from time to time in open market, block, or privately negotiated transactions.
Under this Stock Repurchase Program, the timing and extent of any repurchases
depends on market conditions, the trading price of the company’s stock, and
other factors, and subject to the restrictions relating to volume, price, and
timing under applicable law.



Increase in Stock Repurchase Authorization

     Our Board of Directors has authorized up to $5,000,000
of additional repurchases under our Stock Repurchase Program. We intend to finance
any stock repurchases with cash provided by operating activities or maturating
marketable securities. Our Stock Repurchase Program does not have an expiration
date and does not obligate us to purchase any shares. The Program may be modified
or discontinued at any time without notice.
 
 


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SIGNATURE



     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  August
27, 2015
NVE CORPORATION

(Registrant)



 /s/ CURT A. REYNDERS

Curt A. Reynders

Chief Financial Officer

 
 
 

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