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 12, 2008
BUCKEYE
TECHNOLOGIES INC.
(Exact
name of registrant as specified in its charter)
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DELAWARE
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33-60032
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62-1518973
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(State
or other
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(Commission
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(IRS
Employer
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jurisdiction
of incorporation)
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File
Number)
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Identification
Number)
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1001
Tillman Street, Memphis, Tennessee
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38112
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant's
telephone number, including area code: (901) 320-8100
N/A
(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))
SECTION
7. REGULATION FD.
Item
7.01. Regulation FD Disclosure.
The
information presented herein under Item 7.01 shall not be deemed "filed"
under
the Securities Exchange Act of 1934, as amended, nor shall it be deemed
incorporated by reference in any filing under the Securities Act of 1933,
as
amended, except as may be expressly set forth by specific reference in such
a
filing.
SECTION
8. OTHER EVENTS
Item
8.01. Other Events
On
August
8, 2008, the Board of Directors of Buckeye Technologies Inc. (the “Company”)
authorized the repurchase of an additional 5,000,000 shares of common stock
on
the open market or in privately negotiated purchases. The
authorization is in addition to the 690,100 shares remaining from previous
share
repurchase authorizations.
Repurchased
shares will be held as treasury stock and will be available for general
corporate purposes, including the funding of employee benefit and stock-related
plans.
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, thereunto duly authorized,
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BUCKEYE
TECHNOLOGIES INC.
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/s/
Steven G.
Dean
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Steven
G. Dean
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Sr.
Vice President and Chief Financial Officer
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August
12, 2008
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