<SEC-DOCUMENT>0001178913-21-002569.txt : 20210805
<SEC-HEADER>0001178913-21-002569.hdr.sgml : 20210805
<ACCEPTANCE-DATETIME>20210805144223
ACCESSION NUMBER:		0001178913-21-002569
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20210805
FILED AS OF DATE:		20210805
DATE AS OF CHANGE:		20210805

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CHECK POINT SOFTWARE TECHNOLOGIES LTD
		CENTRAL INDEX KEY:			0001015922
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				943229135
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-28584
		FILM NUMBER:		211147597

	BUSINESS ADDRESS:	
		STREET 1:		5 HA' SOLELIM STREET
		CITY:			TEL AVIV, ISRAEL
		STATE:			L3
		ZIP:			67897
		BUSINESS PHONE:		650-628-2000

	MAIL ADDRESS:	
		STREET 1:		959 SKYWAY ROAD
		STREET 2:		SUITE 300
		CITY:			SAN CARLOS
		STATE:			CA
		ZIP:			94070
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
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<DESCRIPTION>6-K
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              <div style="text-align: center; line-height: 1.25; font-weight: bold;">UNITED STATES </div>
              <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
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      <div style="text-align: center; line-height: 1.25; font-weight: bold;">Washington, D.C. 20549</div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">&#160;</div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold;">Form&#160;6-K</div>
      <div style="text-align: center; line-height: 1.25;"><font style="font-weight: bold;">Report of Foreign Private Issuer</font><br>
        <font style="font-weight: bold;">Pursuant to Rule&#160;13a-16 or 15d-16 under the Securities Exchange Act of 1934</font></div>
      <div style="text-align: center; line-height: 1.25;"><font style="font-weight: bold;"> <br>
        </font></div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;">For the month of July, 2021</div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;">Commission File Number 000-28584</div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;"> <br>
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      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">Check Point Software Technologies Ltd.</div>
      <div style="text-align: center; line-height: 1.25;">(<font style="font-style: italic;">Translation of Registrant&#8217;s name into English</font>)</div>
      <div style="text-align: center; line-height: 1.25;"> <br>
      </div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;">5 Shlomo Kaplan Street</div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;">Tel Aviv 6789159, Israel</div>
      <div style="text-align: center; line-height: 1.25;">(<font style="font-style: italic;">Address of principal executive office</font>)</div>
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      </div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">Indicate by check mark whether the registrant files or will file annual reports under cover Form&#160;20-F or Form&#160;40-F:<br>
        <div><br>
        </div>
        <div style="text-align: center;">Form&#160;20-F &#9746; &#160; &#160; &#160;&#160; Form&#160;40-F &#9744;</div>
      </div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">&#160;</div>
      <div style="line-height: 1.25;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation&#160;S-T Rule&#160;101(b)(1):_______<br>
        <br>
      </div>
      <div style="line-height: 1.25;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation&#160;S-T Rule&#160;101(b)(7):_______</div>
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                    <div><font style="font-weight: bold;">INVESTOR CONTACT:</font></div>
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                  <td style="width: 50%; font-family: 'Times New Roman',Times,serif;" rowspan="1"><font style="font-weight: bold;">MEDIA CONTACT:</font></td>
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                  <td style="width: 50%; font-family: 'Times New Roman',Times,serif;" rowspan="1">Kip E. Meintzer</td>
                  <td style="width: 50%; font-family: 'Times New Roman',Times,serif;" rowspan="1">Gil Messing</td>
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                  <td style="width: 50%; font-family: 'Times New Roman',Times,serif;" rowspan="1">Check Point Software Technologies</td>
                  <td style="width: 50%; font-family: 'Times New Roman',Times,serif;" rowspan="1">Check Point Software Technologies</td>
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                  <td style="width: 50%; font-family: 'Times New Roman',Times,serif;" rowspan="1">+1.650.628.2040</td>
                  <td style="width: 50%; font-family: 'Times New Roman',Times,serif;" rowspan="1">+1.650.628.2260</td>
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                  <td style="width: 50%; font-family: 'Times New Roman',Times,serif;" rowspan="1">ir@checkpoint.com</td>
                  <td style="width: 50%; font-family: 'Times New Roman',Times,serif;" rowspan="1">press@checkpoint.com</td>
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      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold;">Check Point Software Announces Two Billion Dollar </div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold;">Expansion of Share Repurchase Program</div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25;"><font style="font-weight: bold;">SAN CARLOS, CA </font><font style="font-family: 'Times New Roman',Times,serif;">&#8211; <font style="font-weight: bold;">August 5</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup><font style="font-weight: bold;">, 2021 </font>Check Point&#174; Software Technologies Ltd. (NASDAQ: CHKP),&#160;a leading provider of cyber security solutions globally, today announced that its board of directors has authorized a $2 billion expansion of the
          company&#8217;s on-going share repurchase program. Under the extended share repurchase program, Check Point is authorized to continue repurchasing its shares up to $325 million each quarter.</font></div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">As of June 30, 2021, Check Point has approximately 133 million ordinary shares outstanding. Since the beginning of the share repurchase program, Check Point has repurchased approximately 188
        million shares for a total purchase price of approximately $11.1 billion. The updated plan extends the company&#8217;s existing repurchase program from February 2020 which is expected to be completed during the fourth quarter of 2021.</div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">Share purchases under the extended repurchase program will take place in open market transactions or in privately negotiated transactions and may be made from time to time depending on market
        conditions, share price, trading volume, and other factors. Such purchases will be made in accordance with applicable U.S. securities laws and regulations. For all or a portion of the authorized repurchase amount, Check Point may enter into a plan
        that is compliant with Rule 10b5-1 of the United States Securities Exchange Act of 1934 that is designed to facilitate these purchases. The repurchase program does not require Check Point to acquire a specific number of shares, and may be suspended
        from time to time or discontinued. The share repurchases are expected to be funded from available working capital.</div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">&#160;</div>
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      <div style="text-align: justify; line-height: 1.25; font-style: italic; font-weight: bold;">About Check Point Software Technologies Ltd.</div>
      <div style="text-align: justify; line-height: 1.25;">Check Point Software Technologies Ltd. (www.checkpoint.com) is a leading provider of cyber security solutions to corporate enterprises and governments globally.&#160; Check Point Infinity&#180;s portfolio of
        solutions protects enterprises and public organizations from 5th&#160;generation cyber-attacks with an industry leading catch rate of malware, ransomware and other threats. Infinity comprises three core pillars delivering uncompromised security and
        generation V threat prevention across enterprise environments: Check Point Harmony, for remote users; Check Point CloudGuard, to automatically secure clouds; and Check Point Quantum, to protect network perimeters and datacenters, all controlled by
        the industry&#8217;s most comprehensive, intuitive unified security management. Check Point protects over 100,000 organizations of all sizes.</div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25;"><font style="font-weight: bold; font-style: italic;">Legal Notice Regarding Forward-Looking Statements</font><br>
        This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.&#160; Forward-looking statements&#160;generally relate to future events or our
        future financial or operating performance.&#160;Forward-looking statements in this press release include, but are not limited to, statements related to statements related to our expectations regarding Check Point&#8217;s share repurchase program and the
        updated share repurchase program.&#160; Check Point&#8217;s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially
        from those projected. These risks include our ability to continue to develop platform capabilities and solutions; customer acceptance and purchase of our existing solutions and new solutions; the market for IT security continuing to develop;
        competition from other products and services; general market, political, economic and business conditions; the market conditions, share price, trading volume of Check Point&#8217;s ordinary shares; Check Point&#8217;s strategic decisions regarding use of
        capital; and Check Point&#8217;s working capital available for share repurchases. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with
        the Securities and Exchange Commission, including Check Point&#8217;s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 2, 2021. The forward-looking statements in this press release are based on information available
        to Check Point as of the date hereof, and Check Point disclaims any obligation to update any forward-looking statements, except as required by law.</div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><br style="line-height: 1.25;">
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      <div style="text-align: center; line-height: 1.25;">###</div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25;">&#169;2021 Check Point Software Technologies Ltd. All rights reserved.</div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><br style="line-height: 1.25;">
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      <div style="text-align: center; line-height: 1.25; font-weight: bold;">SIGNATURES</div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">&#160;</div>
      <div style="line-height: 1.25;">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, thereunto duly organized.</div>
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              <div style="text-indent: -29.4pt; margin-left: 29.4pt; line-height: 1.25; font-variant: small-caps;">Check Point Software Technologies Ltd.</div>
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              <div style="line-height: 1.25;">&#160;</div>
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              <div style="line-height: 1.25;"><u>/s/ John Slavitt</u></div>
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              <div style="line-height: 1.25;">&#160;</div>
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              <div style="text-align: center; line-height: 1.25;">&#160;</div>
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              <div style="line-height: 1.25;">&#160;</div>
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              <div style="line-height: 1.25;">John Slavitt</div>
            </td>
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              <div style="line-height: 1.25;">&#160;</div>
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            <td style="width: 50%; vertical-align: top; font-family: 'Times New Roman',Times,serif;">
              <div style="line-height: 1.25; font-style: italic;">General Counsel</div>
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      <div style="line-height: 1.25;">Dated: August 5, 2021</div>
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