-----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, TiLqyuOxFG/X9LV5a8PtjPNt9+XsXRG9750gVosWV/9P/nCSvokpHhsfOjmygtx6 j0UE1KTMPqgPv+w0Mwaq9Q== 0000950131-98-001198.txt : 19980219 0000950131-98-001198.hdr.sgml : 19980219 ACCESSION NUMBER: 0000950131-98-001198 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980210 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980218 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL STEEL CORP CENTRAL INDEX KEY: 0000070578 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES ROLLING MILLS (COKE OVENS) [3312] IRS NUMBER: 250687210 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-00983 FILM NUMBER: 98544840 BUSINESS ADDRESS: STREET 1: 4100 EDISON LAKES PARKWAY CITY: MISHAWAKA STATE: IN ZIP: 46545-3440 BUSINESS PHONE: 2192737000 MAIL ADDRESS: STREET 1: 4100 EDISON LAKE PARKWAY CITY: MISHAWAKA STATE: IN ZIP: 46545-3440 8-K 1 FORM 8-K DATED 2/10/98 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 10, 1998 NATIONAL STEEL CORPORATION (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction incorporation) 1-983 25-0687210 (Commission File Number) (IRS Employer Identification No.) 4100 Edison Lakes Parkway, Mishawaka, IN 46545-3440 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: 219-273-7000 ITEM 5. OTHER EVENTS National Steel Corporation issued a press release on February 10, 1998 announcing that its Board of Directors has authorized a quarterly dividend payment of seven cents per common share, payable March 11, 1998 to shareholders of record on February 25, 1998. A copy of this press release is attached hereto as Exhibit 99.1. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS Exhibit 99.1 Press release dated February 10, 1998. 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 hereunto duly authorized. NATIONAL STEEL CORPORATION Date: February 18, 1998 By: /s/ John A. Maczuzak ------------------------------------- John A. Maczuzak President and Chief Operating Officer EX-99.1 2 NEWS RELEASE Exhibit 99.1 News Release - ------------ Media Contact: Leon L. Judd (219) 273-7631 Analyst/Investor Contact: Joseph A. Rainis (219) 273-7158 NATIONAL STEEL ANNOUNCES QUARTERLY DIVIDEND PAYMENT Mishawaka, IN, February 10, 1998--National Steel Corporation (NYSE:NS) today announced that its Board of Directors has authorized a quarterly dividend payment of seven cents per common share, payable on March 11, 1998 to shareholders of record on February 25, 1998. Osamu Sawaragi, chairman and chief executive officer, said that the dividend, the first paid on National Steel common stock since its initial public offering in early 1993, marks a significant milestone for National Steel. "This dividend reflects the Company's improved financial strength and management's confidence in the future success of the Company. It is also a tangible sign of our commitment to enhancing shareholder value." National Steel made significant improvement in 1997, including record profits, sales and shipments. In addition, the Company strengthened its balance sheet by selling non-core assets, retiring debt and redeeming all of its outstanding preferred stock. All statements contained in this press release, other than historical information, are forward-looking statements. A variety of factors could cause business conditions and the Company's actual results and experience to differ materially from those expected by the Company or expressed in the Company's forward-looking statements. Additional information concerning these factors is available in the Company's most recent report on Form 10-Q for the quarter ended September 30, 1997. Headquartered in Mishawaka, Indiana, National is the nation's fourth largest integrated steel company, with annual shipments of approximately six million tons of flat rolled products. National employs approximately 9,400 people. Visit National Steel's website at: www.nationalsteel.com. -----END PRIVACY-ENHANCED MESSAGE-----