Filing Details

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934 (Amendment No. 11)

Diebold, Incorporated

(Name of Issuer)

Common Stock

(Title of Class of Securities)

                                                                                                                ________253651103_________

David Goldman

GAMCO Investors, Inc.

One Corporate Center

Rye, New York 10580-1435

(914) 921-5000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

______________________ November 14, 2016________________________

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box  .

CUSIP No.  253651103

 

 

CUSIP No. 253651103

 

 

CUSIP No.  253651103

 

 

CUSIP No.  253651103

 

 

CUSIP No. 253651103

CUSIP No. 253651103

CUSIP No. 253651103

CUSIP No. 253651103

 

 

CUSIP No. 253651103

This Amendment No. 11 to Schedule 13D on the Common Stock of Diebold, Incorporated (the "Issuer") is being filed on behalf of the undersigned to amend the Schedule 13D, as amended (the "Schedule 13D"), which was originally filed on April 10, 2008.  Unless otherwise indicated, all capitalized terms used herein but not defined herein shall have the same meaning as set forth in the Schedule 13D.

Item 2 to Schedule 13D is amended, in pertinent part, as follows:

This statement is being filed by Mario J. Gabelli ("Mario Gabelli") and various entities which he

directly or indirectly controls or for which he acts as chief investment officer.  These entities, except for LICT Corporation ("LICT), CIBL, Inc. ("CIBL") and ICTC Group, Inc. ("ICTC"), engage in various aspects of the securities business, primarily as investment adviser to various institutional and individual clients, including registered investment companies and pension plans, and as general partner or the equivalent of various private investment partnerships or private funds.  Certain of these entities may also make investments for their own accounts.

The foregoing persons in the aggregate often own beneficially more than 5% of a class of equity securities of a particular issuer.  Although several of the foregoing persons are treated as institutional investors for purposes of reporting their beneficial ownership on the short-form Schedule 13G, the holdings of those who do not qualify as institutional investors may exceed the 1% threshold presented for filing on Schedule 13G or implementation of their investment philosophy may from time to time require action which could be viewed as not completely passive.  In order to avoid any question as to whether their beneficial ownership is being reported on the proper form and in order to provide greater investment flexibility and administrative uniformity, these persons have decided to file their beneficial ownership reports on the more detailed Schedule 13D form rather than on the short-form Schedule 13G and thereby to provide more expansive disclosure than may be necessary.

(a), (b) and (c) - This statement is being filed by one or more of the following persons: GGCP, Inc.  ("GGCP"), GGCP Holdings LLC ("GGCP Holdings"), GAMCO Investors, Inc. ("GBL"), Associated Capital Group, Inc. ("AC"), Gabelli Funds, LLC ("Gabelli Funds"), GAMCO Asset Management Inc. ("GAMCO"), Teton Advisors, Inc. ("Teton Advisors"), Gabelli & Company Investment Advisers, Inc. ("GCIA"), G.research, LLC ("G.research"), MJG Associates, Inc. ("MJG Associates"), Gabelli Foundation, Inc. ("Foundation"), MJG-IV Limited Partnership ("MJG-IV"),  Mario Gabelli, LICT, CIBL and ICTC.  Those of the foregoing persons signing this Schedule 13D are hereinafter referred to as the "Reporting Persons".

GGCP makes investments for its own account and is the manager and a member of GGCP Holdings which is the controlling shareholder of GBL and AC.  GBL, a public company listed on the New York Stock Exchange, is the parent company for a variety of companies engaged in the securities business, including certain of those named below.  AC, a public company listed on the New York Stock Exchange, is the parent company for a variety of companies engaged in the securities business, including certain of those listed below.

GAMCO, a wholly-owned subsidiary of GBL, is an investment adviser registered under the Investment Advisers Act of 1940, as amended ("Advisers Act").  GAMCO is an investment manager providing discretionary managed account services for employee benefit plans, private investors, endowments, foundations and others.

GCIA, a wholly owned subsidiary of AC, is an investment adviser registered under the Advisers Act and serves as a general partner or investment manager to limited partnerships and offshore investment companies and other accounts.  As a part of its business, GCIA may purchase or sell securities for its own account.  GCIA is a general partner or investment manager of a number of funds or partnerships, including Gabelli Associates Fund, L.P., Gabelli Associates Fund II, L.P., Gabelli Associates Limited, Gabelli Associates Limited II E, ALCE Partners, L.P., Gabelli Capital Structure Arbitrage Fund LP, Gabelli Capital Structure Arbitrage Fund Limited, Gabelli Intermediate Credit Fund L.P., GAMA Select Energy + L.P., GAMCO Medical Opportunities L.P., and Gabelli Multimedia Partners, L.P.

G.research, a wholly owned subsidiary of GCIA, is a broker-dealer registered under the Securities Exchange Act of 1934, as amended ("1934 Act"), which as a part of its business regularly purchases and sells securities for its own account.

Gabelli Funds, a wholly owned subsidiary of GBL, is a limited liability company. Gabelli Funds is an investment adviser registered under the Advisers Act which provides advisory services for The Gabelli Equity Trust Inc., The Gabelli Asset Fund, The GAMCO Growth Fund, The Gabelli Convertible and Income Securities Fund Inc., The Gabelli Value 25 Fund Inc., The Gabelli Small Cap Growth Fund, The Gabelli Equity Income Fund, The Gabelli ABC Fund, The GAMCO Global Telecommunications Fund, The Gabelli Gold Fund, Inc., The Gabelli Multimedia Trust Inc., The Gabelli Global Rising Income & Dividend Fund, The Gabelli Capital Asset Fund, The GAMCO International Growth Fund, Inc., The GAMCO Global Growth Fund, The Gabelli Utility Trust, The GAMCO Global Opportunity Fund, The Gabelli Utilities Fund, The Gabelli Dividend Growth Fund, The GAMCO Mathers Fund, The Gabelli Focus Five Fund, The Comstock Capital Value Fund, The Gabelli Dividend and Income Trust, The Gabelli Global Utility & Income Trust, The GAMCO Global Gold, Natural Resources, & Income Trust, The GAMCO Natural Resources Gold & Income Trust, The GDL Fund, Gabelli Enterprise Mergers & Acquisitions Fund, The Gabelli ESG Fund, Inc., The Gabelli Healthcare & Wellness ^Rx Trust, The Gabelli Global Small and Mid Cap Value Trust, Gabelli Value Plus+ Trust, The Gabelli Go Anywhere Trust, Bancroft Fund Ltd. and Ellsworth Growth & Income Fund Ltd. (collectively, the "Funds"), which are registered investment companies.  Gabelli Funds is also the investment adviser to The GAMCO International SICAV (sub-funds GAMCO Merger Arbitrage and GAMCO All Cap Value), a UCITS III vehicle.

Teton Advisors, an investment adviser registered under the Advisers Act, provides discretionary advisory services to The TETON Westwood Mighty Mites^sm Fund, The TETON Westwood Income Fund, The TETON Westwood SmallCap Equity Fund, and The TETON Westwood Mid-Cap Equity Fund.

MJG Associates provides advisory services to private investment partnerships and offshore funds.  Mario Gabelli is the sole shareholder, director and employee of MJG Associates.   MJG Associates is the Investment Manager of Gabelli International Limited and Gabelli Fund, LDC.  Mario J. Gabelli is the general partner of Gabelli Performance Partnership, LP.

The Foundation is a private foundation.  Mario Gabelli is the Chairman, a Trustee and the Investment Manager of the Foundation. Elisa M. Wilson is the President of the Foundation.

LICT is a holding company with operating subsidiaries engaged primarily in the rural telephone industry. LICT actively pursues new business ventures and acquisitions. LICT makes investments in marketable securities to preserve capital and maintain liquidity for financing their business activities and acquisitions and are not engaged in the business of investing, or trading in securities. Mario J. Gabelli is the Chief Executive Officer, a director, and substantial shareholder of LICT.

ICTC is a holding company with subsidiaries in voice, broadband and other telecommunications services, primarily in the rural telephone industry. ICTC makes investments in marketable securities to preserve capital and maintain liquidity for financing their business activities and acquisitions and are not engaged in the business of investing, or trading in securities. Mario J. Gabelli is a director, and substantial shareholder of ICTC.

CIBL is a holding company with interests in telecommunications operations, primarily in the rural telephone industry. CIBL actively pursues new business ventures and acquisitions. CIBL makes investments in marketable securities to preserve capital and maintain liquidity for financing their business activities and acquisitions and are not engaged in the business of investing, or trading in securities. Mario J. Gabelli is a director, and substantial shareholder of CIBL.

Mario Gabelli is the controlling stockholder, Chief Executive Officer and a director of GGCP and Chairman and Chief Executive Officer of GBL. He is the Executive Chairman of AC.  Mario Gabelli is also a member of GGCP Holdings. Mario Gabelli is the controlling shareholder of Teton.

                             MJG-IV is a family partnership in which Mario Gabelli is the general partner.  Mario Gabelli has less than a 100% interest in MJG-IV.  MJG-IV makes investments for its own account.  Mario Gabelli disclaims ownership of the securities held by MJG-IV beyond his pecuniary interest.

The Reporting Persons do not admit that they constitute a group.

GAMCO is a New York corporation and GBL, AC, GCIA, and Teton Advisors are Delaware corporations, each having its principal business office at One Corporate Center, Rye, New York 10580. GGCP is a Wyoming corporation having its principal business office at 140 Greenwich Avenue, Greenwich, CT 06830.   GGCP Holdings is a Delaware limited liability corporation having its principal business office at 140 Greenwich Avenue, Greenwich, CT 06830.  G.research is a Delaware limited liability company having its principal officers at One Corporate Center, Rye, New York 10580.  Gabelli Funds is a New York limited liability company having its principal business office at One Corporate Center, Rye, New York 10580.  MJG Associates is a Connecticut corporation having its principal business office at 140 Greenwich Avenue, Greenwich, CT 06830.  The Foundation is a Nevada corporation having its principal offices at 165 West Liberty Street, Reno, Nevada 89501.  LICT is a Delaware corporation having its principal place of business as 401 Theodore Fremd Avenue, Rye, New York 10580. CIBL, Inc. is a Delaware corporation having its principal place of business as 165 West Liberty Street, Suite 220, Reno, NV 89501.  ICTC Group Inc. is a Delaware corporation having its principal place of business as 556 Main Street, Nome, North Dakota 58062.

For information required by instruction C to Schedule 13D with respect to the executive officers and directors of the foregoing entities and other related persons (collectively, "Covered Persons"), reference is made to Schedule I annexed hereto and incorporated herein by reference.

(d) – Not applicable.

(e) – Not applicable.

Item 5 to Schedule 13D is amended, in pertinent part, as follows:

(a) The aggregate number of Securities to which this Schedule 13D relates is 5,659,997 shares, representing 7.53% of the approximately 75,140,213 shares outstanding as reported by the Issuer in its most recently filed Form 10-Q for the quarterly period ended September 30, 2016. This Amendment to Schedule 13D is being filed to reflect a decrease in the percent of the outstanding shares beneficially owned by the Reporting Persons which is due to an increase in the shares outstanding as reported by the Issuer in its Form 10-Q filed on November 14, 2016. The Reporting Persons beneficially own those Securities as follows:

Mario Gabelli is deemed to have beneficial ownership of the Securities owned beneficially by each of the foregoing persons.  GCIA is deemed to have beneficial ownership of the Securities owned beneficially by G.research.  AC, GBL and GGCP are deemed to have beneficial ownership of the Securities owned beneficially by each of the foregoing persons other than Mario Gabelli and the Foundation.

(b) Each of the Reporting Persons and Covered Persons has the sole power to vote or direct the vote and sole power to dispose or to direct the disposition of the Securities reported for it, either for its own benefit or for the benefit of its investment clients or its partners, as the case may be, except that (i) GAMCO does not have the authority to vote 210,600 of its reported shares,  (ii) Gabelli Funds has sole dispositive and voting power with respect to the shares of the Issuer held by the Funds so long as the aggregate voting interest of all joint filers does not exceed 25% of their total voting interest in the Issuer and, in that event, the Proxy Voting Committee of each Fund shall respectively vote that Fund's shares, (iii) at any time, the Proxy Voting Committee of each such Fund may take and exercise in its sole discretion the entire voting power with respect to the shares held by such fund under special  circumstances such as regulatory considerations, and (iv) the power of Mario Gabelli, GBL, and GGCP is indirect with respect to Securities beneficially owned directly by other Reporting Persons.

(c) Information with respect to all transactions in the Securities which were effected during the past sixty days or since the most recent filing on Schedule 13D, whichever is less, by each of the Reporting Persons and Covered Persons is set forth on Schedule II annexed hereto and incorporated herein by reference.

(e) Not applicable.

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

GGCP, INC.

MARIO J. GABELLI

GABELLI FOUNDATION, INC.

MJG-IV LIMITED PARTNERSHIP

By:/s/ Douglas R. Jamieson

     Douglas R. Jamieson

     Attorney-in-Fact

TETON ADVISORS, INC.

     David Goldman

     General Counsel – Teton Advisors, Inc.

ASSOCIATED CAPITAL GROUP, INC.

  GAMCO INVESTORS, INC.

     Kevin Handwerker

                General Counsel & Secretary – Associated Capital Group, Inc.

& GAMCO Investors, Inc.

GAMCO ASSET MANAGEMENT INC.

GABELLI FUNDS, LLC

     Douglas R. Jamieson

      President – GAMCO Asset Management Inc.

Gabelli Funds, LLC

                  Schedule I

     Information with Respect to Executive

Schedule I to Schedule 13D is amended, in pertinent part, as follows:

 

                               SCHEDULE II

                            INFORMATION WITH RESPECT TO

                 TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR

                 SINCE THE MOST RECENT FILING ON SCHEDULE 13D (1)

                                   SHARES PURCHASED        AVERAGE

                        DATE            SOLD(-)             PRICE(2)

 COMMON STOCK-DIEBOLD, INCORPORATED

          MARIO J. GABELLI

                      10/24/16              400            22.2778

                      10/24/16              600-           22.3083

                      10/24/16              400-           22.2778

          GAMCO INVESTORS, INC.

                      11/15/16              200            22.8500

          GAMCO ASSET MANAGEMENT INC.

                      11/21/16            1,200-           23.9210

                      11/21/16            2,000            23.4401

                      11/21/16            1,000            23.4407

                      11/21/16            1,000            23.8500

                      11/21/16            7,800-           23.3863

                      11/21/16            1,000-           23.4001

                      11/21/16              200            23.7500

                      11/21/16           46,000            23.4540

                      11/21/16              600            23.4408

                      11/18/16            1,100            24.1500

                      11/18/16            3,375              *DI

                      11/18/16           20,000            23.9691

                      11/17/16            2,300            24.0489

                      11/17/16              300-           24.3000

                      11/17/16            9,700            24.0546

                      11/17/16            8,000            24.0875

                      11/17/16            2,800-           24.0839

                      11/17/16            2,200-           24.0909

                      11/16/16              200-           24.2501

                      11/16/16            2,300            23.7489

                      11/16/16            3,000-           24.0000

                      11/16/16            1,500            23.6628

                      11/16/16              500            23.7484

                      11/15/16           21,500            22.7660

                      11/15/16              400            22.5357

                      11/15/16            2,800-           22.7979

                      11/15/16           10,100            22.5625

                      11/15/16            1,500            22.2567

                      11/15/16            2,000            22.2499

                      11/15/16           10,000            22.6330

                      11/14/16            1,000            24.0000

                      11/14/16            5,000            24.0415

                      11/14/16           10,000-           24.3525

                      11/14/16            5,400-           24.6037

                      11/14/16            4,000-           24.2425

                      11/14/16              500            24.6499

                      11/11/16            5,000-           23.7840

                      11/11/16            2,000            23.8500

                      11/11/16            2,400-           22.7625

                      11/11/16           10,500            22.8986

                      11/11/16            2,400            23.6667

                      11/10/16            5,500            22.9727

                      11/10/16            4,000            23.0000

                      11/10/16           25,000-           23.0600

                      11/10/16            3,200-           23.0672

                      11/09/16           10,000-           22.8663

                      11/09/16              200            21.7500

                      11/08/16            2,000-           21.5000

                      11/08/16            3,200            21.9133

                      11/08/16            1,200-             *DO

                      11/08/16            3,500            21.6285

                      11/07/16            2,200-           21.9501

                      11/07/16            5,900            21.8347

                      11/07/16            4,000-           21.8000

                      11/07/16            6,900            21.8569

                      11/07/16            5,100-           21.8305

                      11/07/16            3,000-           21.8500

                      11/04/16           10,000            21.3555

                      11/04/16              400-           21.1000

                      11/03/16            2,300            21.6565

                      11/03/16              800            21.6219

                      11/03/16            2,000            21.6999

                      11/03/16            5,200            21.6024

                      11/02/16            8,700            21.3055

                      11/01/16            3,100            21.7371

                      11/01/16              500-           21.9000

                      10/31/16            1,700-           22.0002

                      10/31/16            2,200            22.0591

                      10/28/16              800-           22.6500

                      10/28/16            4,500            22.2544

                      10/28/16            8,000            22.5309

                      10/27/16              500-           22.6250

                      10/27/16            1,000-           23.0050

                      10/27/16              300            23.0500

                      10/27/16              800            22.9500

                      10/26/16              700            23.0500

                      10/26/16            5,000-           23.0100

                      10/25/16            1,100            22.0476

                      10/25/16            1,000-           21.7600

                      10/25/16            3,100            21.8355

                      10/25/16               50-             *DO

                      10/25/16              400-             *DO

                      10/25/16              450-             *DO

                      10/24/16              800-           22.2578

                      10/24/16              400-           22.1501

                      10/24/16              500-             *DO

                      10/24/16            1,000            22.3705

                      10/24/16            1,500            22.4500

                      10/24/16            3,300            22.4621

                      10/20/16              500            22.5450

                      10/19/16              500-           22.9001

                      10/19/16              600            23.0500

                      10/17/16            1,000            22.8990

                      10/17/16              400            22.8500

                      10/17/16            1,800            22.9778

                      10/17/16            1,200            22.9000

                      10/14/16            2,000            23.1620

                      10/14/16            1,000            23.2257

                      10/14/16            1,200-           23.0178

                      10/13/16            4,000            23.2485

                      10/13/16              300-           23.1300

                      10/13/16            1,000            23.2990

                      10/12/16            6,300-           23.6228

                      10/12/16            1,000-           23.7000

                      10/12/16            1,500            23.5774

                      10/12/16              500            23.7190

                      10/12/16              400            23.6228

                      10/12/16            3,200-           23.6316

                      10/12/16              300            23.7700

                      10/12/16            7,700            23.6325

                      10/11/16            7,000            24.2638

                      10/11/16              800-           24.0000

                      10/11/16              800            23.8188

                      10/11/16            5,107-           23.9811

                      10/10/16            1,000-             *DO

                      10/10/16              100            25.1100

                      10/10/16              700-           25.0000

                      10/10/16              700-           24.9000

                      10/10/16            1,000            25.1900

                      10/07/16            4,500-           24.9793

                      10/07/16            2,000            24.9793

                      10/07/16            1,600            24.9903

                      10/07/16              500-           25.1700

                      10/06/16              400            25.0100

                      10/06/16              600            25.0477

                      10/05/16            1,500-           25.3900

                      10/05/16            5,000            25.2800

                      10/05/16              200            25.2500

                      10/05/16            1,400-             *DO

                      10/05/16            1,000-           25.2405

                      10/05/16              620            25.3419

                      10/04/16            4,000-           24.8183

                      10/04/16              900            25.1821

                      10/04/16              200            24.8500

                      10/04/16            1,600-           24.8301

                      10/04/16              400-           24.8500

                      10/04/16            2,200            24.9500

                      10/04/16            2,500            24.9836

                      10/04/16            4,000            25.0700

                      10/03/16            1,000            24.7208

                      10/03/16            2,000            24.7625

                       9/29/16            3,200            24.9400

                       9/28/16              300-           25.1800

                       9/28/16            2,000            25.3460

                       9/28/16            2,200            25.2311

                       9/28/16              900            25.1500

                       9/27/16            1,300-           25.4220

                       9/26/16              700-           25.7749

                       9/26/16              100            25.1400

                       9/26/16            3,500-           25.4641

                       9/23/16              300-           24.6400

                       9/23/16            1,000-           24.5600

                       9/23/16            6,900            24.5961

                       9/22/16            1,100            24.7000

                       9/22/16            2,500            24.6955

          GABELLI FUNDS, LLC.

             GABELLI SMALL CAP GROWTH FUND

                      10/05/16            4,000-           25.2514

             GABELLI GLOBAL SMALL AND MIDCAP VALUE TRUST

                      11/15/16           15,000            22.1433

                      11/08/16            2,000            21.3000

                       9/28/16            4,000            24.9678

             GABELLI EQUITY TRUST

                      11/14/16           10,000-           24.4500

                      11/14/16            5,000            24.4500

             GABELLI EQUITY INCOME FUND

                      11/17/16            2,000-           24.1625

                      10/17/16            4,000-           22.9500

                      10/14/16            1,300-           23.3554

             GABELLI DIVIDEND & INCOME TRUST

                      11/14/16            5,000-           24.4310

                      10/11/16            5,000            24.0509

             GABELLI ASSET FUND

                      11/04/16            1,000-           21.3149

                      10/26/16            6,000-           23.2458

                      10/05/16            4,000-           25.2100

             GAMCO ALL CAP VALUE

                      11/08/16              500            21.7000

             GABELLI ABC FUND

                      11/15/16           22,000            22.9000

                      10/17/16            4,000            22.8453

                       9/23/16            4,000            24.5300

(1) UNLESS OTHERWISE INDICATED, ALL TRANSACTIONS WERE EFFECTED

    ON THE NYSE.

(2) PRICE EXCLUDES COMMISSION.

(*) RESULTS IN CHANGE OF DISPOSITIVE POWER AND BENEFICIAL OWNERSHIP.