-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, P4M+ordDvbKJ5pmX6scKaaJxX/KL1VgNf2EJIowFqUnEbhXIz05RNllki7EWZBjG QXbqGW9YnGRpyYqFysStdw== 0000039273-05-000030.txt : 20050520 0000039273-05-000030.hdr.sgml : 20050520 20050520095339 ACCESSION NUMBER: 0000039273-05-000030 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050519 ITEM INFORMATION: Other Events FILED AS OF DATE: 20050520 DATE AS OF CHANGE: 20050520 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FROZEN FOOD EXPRESS INDUSTRIES INC CENTRAL INDEX KEY: 0000039273 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING (NO LOCAL) [4213] IRS NUMBER: 751301831 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10006 FILM NUMBER: 05846531 BUSINESS ADDRESS: STREET 1: 1145 EMPIRE CENTRAL PLACE CITY: DALLAS STATE: TX ZIP: 75247 BUSINESS PHONE: 2146308090 8-K 1 form8k_reaffirmshare.htm FFEX FORM 8K REAFFIRM SHARE REPURCHASE FFEX Form 8K Reaffirm Share Repurchase


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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)
May 19, 2005
 

COMMISSION FILE NUMBER 1-10006

FROZEN FOOD EXPRESS INDUSTRIES, INC.
(Exact Name of Registrant as Specified in its Charter)

 

Texas
(State or Other Jurisdiction of Incorporation)
75-1301831
(IRS Employer Identification No.)
 
1145 Empire Central Place
Dallas, Texas 75247-4309
(Address of Principal Executive Offices)
 
 
(214) 630-8090
(Registrant's telephone number, including area code)
 
 
 
 
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:
r
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
r
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
r
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
r
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 



 
 
 ITEM 8.01.

OTHER ITEMS
 
On May 19, 2005, Frozen Food Express Industries, Inc. issued a news release reaffirming its authorization to repurchase shares dated May 19, 2005 is filed herewith as exhibit 99.1.
 
 
 
 
 ITEM 9.01.
 FINANCIAL STATEMENTS AND EXHIBITS
(c) EXHIBITS
 
 
 
     Exhibit No.
Exhibit Title                              
  99.1  
News release reaffirming Registrant's authorization to repurchase shares dated May 19, 2005.
 
 

 
SIGNATURES
 
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 hereunto duly authorized.
 
 
FROZEN FOOD EXPRESS INDUSTRIES, INC.
 
 
 
 
 
 
 
 
 
 
Dated: May 20, 2005
 
By:
 
/s/ F. Dixon McElwee, Jr.
 
 
 
F. Dixon McElwee, Jr.
Senior Vice President
Principal Financial and
Accounting Officer
 

 




EXHIBIT INDEX
 
 
 
  Exhibit No.
Exhibit Title                              
  99.1  
News release reaffirming Registrant's authorization to repurchase shares dated May 19, 2005.

 
EX-99.1 CHARTER 2 newsrelease.htm NEWS RELEASE REAFFIRM SHARE REPURCHASE News Release Reaffirm Share Repurchase

For: Frozen Food Express Industries, Inc.             
Listed: Nasdaq (FFEX)             

Company Contacts:                     
Stoney M. (Mit) Stubbs, Jr. (CEO)         
F. Dixon McElwee, Jr. (CFO)    
(214) 630-8090    

For Immediate Release
 

Frozen Food Express Industries
Reaffirms Share Repurchase Authorization

 
DALLAS, May 19, 2005 /PRNewswire-FirstCall via Comtex/ -- Frozen Food Express Industries, Inc. (Nasdaq: FFEX) today announced that at a meeting yesterday its Board of Directors reaffirmed its previously-announced plans to purchase up to 750,000 shares of its outstanding common stock. The Company's Board of Directors authorized the purchase of the shares from time to time on the open market or through private transactions. The previous announcement was made on August 12, 2004, and to date 156,800 shares have been repurchased. The last repurchase was made during October 2004. The Company's management and the Board determined that the current market price of the common stock is under valued and the repurchase of its shares is an attractive investment. The corporation currently has approximately 17.9 million shares of common stock outstanding.
 
 
About FFEX
 
 
Frozen Food Express Industries, Inc. is the largest publicly-owned, temperature-controlled carrier of perishable goods (primarily food products, health care supplies and confectionery items) on the North American continent. Its services extend from Canada, throughout the 48 contiguous United States, into Mexico. The refrigerated trucking company is the only one serving this market that is full-service-providing full-truckload, less-than-truckload and distribution transportation of refrigerated and frozen products. Its refrigerated less-than-truckload operation is also the largest on the North American continent. The company also provides full-truckload transportation of non-temperature-sensitive goods through its non-refrigerated arm, American Eagle Lines.
 
 
Forward-Looking Statements
 
 
This report contains information and forward-looking statements that are based on management's current beliefs and expectations and assumptions which are based upon information currently available. Forward-looking statements include statements relating to plans, strategies, objectives, expectations, intentions, and adequacy of resources, and may be identified by words such as "will", "could", "should", "believe", "expect", intend", "plan", "schedule", "estimate", "project" and similar expressions. These statements are based on current expectations and are subject to uncertainty and change.
 
 
Although management believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will be realized. Should one or more of the risks or uncertainties underlying such expectations not materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expected.
 
 
Among the key factors that are not within management's control and that may have a bearing on operating results are demand for the company's services and products, and its ability to meet that demand, which may be affected by, among other things, competition, weather conditions and the general economy, the availability and cost of labor, the ability to negotiate favorably with lenders and lessors, the effects of terrorism and war, the availability and cost of equipment, fuel and supplies, the market for previously-owned equipment, the impact of changes in the tax and regulatory environment in which the company operates, operational risks and insurance, risks associated with the technologies and systems used and the other risks and uncertainties described in the company's filings with the Securities and Exchange Commission.
 

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