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): February 19, 2008
Commission File Number 1-9929
Insteel Industries, Inc.
(Exact name of registrant as specified in its charter)
| |
|
|
| North Carolina
|
|
56-0674867 |
|
|
|
|
| (State or other jurisdiction of
|
|
(I.R.S. Employer |
| incorporation or organization)
|
|
Identification No.) |
| |
|
|
| 1373 Boggs Drive, Mount Airy, North Carolina
|
|
27030 |
|
|
|
|
| (Address of principal executive offices)
|
|
(Zip Code) |
Registrant’s telephone number, including area code: (336) 786-2141
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:
| o |
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
| o |
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
| o |
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b)) |
| |
| o |
|
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c)) |
Item 8.01. Other Events
On February 19, 2008, the Company issued a press release announcing that its board of
directors had declared a quarterly cash dividend of $0.03 per share payable on April 4, 2008 to
shareholders of record as of March 21, 2008. A copy of this release is being furnished as Exhibit
99.1 to this Current Report on Form 8-K.
While the Company intends to pay regular quarterly cash dividends for the foreseeable future,
the declaration and payment of future dividends, if any, are discretionary and will be subject to
determination by the board of directors each quarter after taking into account various factors,
including general business conditions and the Company’s financial condition, operating results,
cash requirements and expansion plans.
Cautionary Note Regarding Forward-Looking Statements
This report contains forward-looking statements within the meaning of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995 with respect to the Company’s
intent and ability to pay future dividends. Although the Company believes that its plans,
intentions and expectations reflected in or suggested by such forward-looking statements are
reasonable, such forward-looking statements are subject to a number of risks and uncertainties, and
the Company can provide no assurances that such plans, intentions or expectations will be achieved.
Many of these risks are discussed in detail in the Company’s periodic reports, in particular in its
report on Form 10-K for the year ended September 29, 2007, filed with the U.S. Securities and
Exchange Commission. You should carefully read these risk factors.
All forward-looking statements attributable to the Company or persons acting on its behalf are
expressly qualified in their entirety by these cautionary statements. All forward-looking
statements speak only to the respective dates on which such statements are made and the Company
does not undertake and specifically declines any obligation to publicly release the results of any
revisions to these forward-looking statements that may be made to reflect any future events or
circumstances after the date of such statements or to reflect the occurrence of anticipated or
unanticipated events.
Item 9.01. Financial Statements and Exhibits
| |
|
|
Exhibit 99.1
|
|
Press release dated February 19, 2008 announcing declaration
of a quarterly cash dividend of $0.03 per share. |