<SEC-DOCUMENT>0001171843-15-000219.txt : 20150113
<SEC-HEADER>0001171843-15-000219.hdr.sgml : 20150113
<ACCEPTANCE-DATETIME>20150113160754
ACCESSION NUMBER:		0001171843-15-000219
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20150113
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20150113
DATE AS OF CHANGE:		20150113

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TEAM INC
		CENTRAL INDEX KEY:			0000318833
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-MISCELLANEOUS REPAIR SERVICES [7600]
		IRS NUMBER:				741765729
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			0531

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08604
		FILM NUMBER:		15524866

	BUSINESS ADDRESS:	
		STREET 1:		13131 DAIRY ASHFORD
		STREET 2:		SUITE 600
		CITY:			SUGAR LAND
		STATE:			TX
		ZIP:			77478
		BUSINESS PHONE:		2813316154

	MAIL ADDRESS:	
		STREET 1:		13131 DAIRY ASHFORD
		STREET 2:		SUITE 600
		CITY:			SUGAR LAND
		STATE:			TX
		ZIP:			77478
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>document.htm
<DESCRIPTION>FORM 8-K FILING DOCUMENT
<TEXT>
<html>

	<head>
		<title>Form 8-K Filing</title>
	</head>

	<body>
		<p align="center"><b>UNITED STATES</b><br>
			<b>SECURITIES AND EXCHANGE COMMISSION</b><br>
			<b>Washington, D.C. 20549</b><br>
		</p>
		<p align="center"><b>FORM 8-K</b></p>
		<p align="center"><font size="2"><b>CURRENT REPORT</b><br>
				<b>Pursuant to Section 13 OR 15(d) of<br>
					The Securities Exchange Act of 1934</b></font></p>
		<p align="center"><font size="2">Date of report (Date of earliest event reported): <b>January 13, 2015</b></font></p>
		<p align="center"><font size="4"><b>TEAM, Inc.</b></font><br>
			<font size="2">(Exact name of registrant as specified in its charter)</font></p>
		<!-- Registrant's State of Inc, File and IRS Number -->
		<table cellpadding="0" border="0" width="100%" cellspacing="0">
			<tr valign="top">
				<td width="32%" align="center"><font size="2"><b>Delaware</b></font></td>
				<td width="3%"><font size="2">&nbsp;</font></td>
				<td width="32%" align="center"><font size="2"><b>001-08604</b></font></td>
				<td width="3%"><font size="2">&nbsp;</font></td>
				<td width="32%" align="center"><font size="2"><b>74-1765729</b></font></td>
			</tr>
			<tr valign="top">
				<td width="32%" align="center"><font size="2">(State or Other Jurisdiction<br>
						of Incorporation)</font></td>
				<td width="3%"><font size="2">&nbsp;</font></td>
				<td width="32%" align="center"><font size="2">(Commission<br>
						File Number)</font></td>
				<td width="3%"><font size="2">&nbsp;</font></td>
				<td width="32%" align="center"><font size="2">(IRS Employer<br>
						Identification No.)</font></td>
			</tr>
		</table>
		<!-- Registrant's Postal Addess and Zip Code --><br>
		<table cellpadding="0" border="0" width="100%" cellspacing="0">
			<tr valign="bottom">
				<td width="47%" align="center"><font size="2"><b>13131 Dairy Ashford, Suite 600<br>
Sugar Land, Texas 77478</b></font></td>
			</tr>
			<tr valign="top">
				<td width="47%" align="center"><font size="2">(Address of Principal Executive Offices and Zip Code) </font></td>
			</tr>
		</table>
		<p align="center"><font size="2">Registrant&#146;s telephone number, including area code: <b>(281) 331-6154</b></font></p>
		<p align="center"><br>
			<font size="2"><b>Not Applicable</b><br>
			(Former name or former address, if changed since last report)</font></p>
		<!-- Simultaneous filing obligation checkboxes --><br>
		<table cellpadding="0" border="0" width="100%" cellspacing="0">
			<tr valign="top">
				<td colspan="3"><font size="2">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:<br>
						<br>
					</font></td>
			</tr>
			<tr valign="top">
				<td width="21"><font size="2">&nbsp;</font></td>
				<td width="40"><font size="2">[ &nbsp;&nbsp;]</font></td>
				<td nowrap><font size="2">&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </font></td>
			</tr>
			<tr valign="top">
				<td width="21"><font size="2">&nbsp;</font></td>
				<td width="40"><font size="2">[ &nbsp;&nbsp;]</font></td>
				<td nowrap><font size="2">&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </font></td>
			</tr>
			<tr valign="top">
				<td width="21"><font size="2">&nbsp;</font></td>
				<td width="40"><font size="2">[ &nbsp;&nbsp;]</font></td>
				<td nowrap><font size="2">&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </font></td>
			</tr>
			<tr valign="top">
				<td width="21"><font size="2">&nbsp;</font></td>
				<td width="40"><font size="2">[ &nbsp;&nbsp;]</font></td>
				<td nowrap><font size="2">&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </font></td>
			</tr>
		</table>
		<br>
		<hr noshade="1">
		<font size="2"></font>
		<p><font size="2"><b><p><font size="3"><b>Item 8.01. Other Events.</b></font></p></b></font></p>
		<p><font size="2"><P >
	On Janaury13, 2015, we issued a press release announcing the resumption of  purchases of the Company&#039;s outstanding common stock under the Company&#039;s existing stock repurchase authorization.</P>
</font></p>
		<font size="2"></font>
		<p><font size="2"><b><p><font size="3"><b>Item 9.01. Financial Statements and Exhibits.</b></font></p></b></font></p>
		<p><font size="2"><table border="0" cellpadding="0" cellspacing="0" width="100%">

		<tr>
			<td valign="top" width="4%">
				<p>
					<font style="font-size:12px;">(c)</font></p>
			</td>
			<td colspan="3" valign="top">
				<p>
					<font style="font-size:12px;">Exhibits.<br />
					<br />
					</font></p>
			</td>
		</tr>
		<tr>
			<td colspan="2" nowrap="nowrap" valign="bottom">
				<p style="text-align: center;">
					<u><font style="font-size:12px;"><b>Exhibit number</b></font></u></p>
			</td>
			<td valign="bottom">
				<p>
					 </p>
			</td>
			<td valign="bottom">
				<p>
					<u><font style="font-size:12px;"><b>Description</b></font></u></p>
			</td>
		</tr>
		<tr>
			<td colspan="2" nowrap="nowrap" valign="top">
				<p style="text-align: center;">
					<font style="font-size:12px;">99.1</font></p>
			</td>
			<td valign="bottom">
				<p>
					 </p>
			</td>
			<td valign="top">
				<p>
					<font style="font-size:12px;">Team, Inc.&#39;s Press Release issued January 13, 2015</font></p>
			</td>
		</tr>

</table>
</font></p>
		<hr noshade="1">
		<!-- Registrant's Signature -->
		<p align="center"><b><font size="2">SIGNATURE</font></b></p>
		<p><font size="2">Pursuant to the requirements of the Securities 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.</font></p>
		<table cellpadding="0" border="0" width="100%" cellspacing="0">
			<tr valign="top">
				<td width="47%"><font size="2">&nbsp;</font></td>
				<td width="5%"><font size="2">&nbsp;</font></td>
				<td width="47%"><font size="2"><b>TEAM, Inc.</b><br>
					<br>
					</font></td>
			</tr>
			<tr valign="top">
				<td width="47%" valign="bottom">
					<p><font size="2">Date: January 13, 2015</font></p>
				</td>
				<td width="5%"><font size="2">&nbsp;</font></td>
				<td width="47%"><font size="2"><b><u>/s/ GREG L. BOANE</u></b><br>
					Greg L. Boane<br>
					<i>Senior Vice President, Chief Financial Officer</i></font></td>
			</tr>
		</table>
		<font size="2"></font>
	</body>

</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>newsrelease.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<html><head><title>Team, Inc. Resumes Stock Repurchase Program</title></head><body><p align="right">EXHIBIT 99.1</p><h3 align="center">Team, Inc. Resumes Stock Repurchase Program</h3><p>SUGAR LAND, Texas, Jan. 13, 2015 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE:TISI) today announced that it has resumed share repurchases of its outstanding common stock under the existing June 2014 authorization from its Board of Directors. The amount of share repurchases remaining pursuant to&#160;that authorization is $36.7 million. The last time Team repurchased shares was 2013.</p><p>
	"We are very pleased with our performance in the first half of Fiscal 2015 and with our near and longer term outlook. We believe resumption of our stock buy-back program is a reflection of that confidence," said Ted W. Owen, Team's President and CEO.</p><p>
	<strong>About Team, Inc.</strong></p><p>
	Headquartered near Houston, Texas, Team Inc. is a leading provider of specialty industrial services, including inspection and assessment, required in maintaining and installing high-temperature and high-pressure piping systems and vessels that are utilized extensively in the refining, petrochemical, power, pipeline and other heavy industries.&#160;Team offers these services in over 125 locations throughout the world.&#160;Team's common stock is traded on the New York Stock Exchange under the ticker symbol "TISI".</p><pre>CONTACT: Greg L. Boane
         (281) 388-5541</pre></body></html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
