-----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, Cph1r20e6KPphfDQwubtyKZ7x0liXmLzrZkgTkS63Qwx24OKbNbpfacK5A6mD+Tc NODzQv4NcdQ75SiiULYLaw== 0001104659-05-017783.txt : 20050425 0001104659-05-017783.hdr.sgml : 20050425 20050425095835 ACCESSION NUMBER: 0001104659-05-017783 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050421 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050425 DATE AS OF CHANGE: 20050425 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HUNT J B TRANSPORT SERVICES INC CENTRAL INDEX KEY: 0000728535 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING (NO LOCAL) [4213] IRS NUMBER: 710335111 STATE OF INCORPORATION: AR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-11757 FILM NUMBER: 05768919 BUSINESS ADDRESS: STREET 1: 615 JB HUNT CORPORATE DR CITY: LOWELL STATE: AR ZIP: 72745 BUSINESS PHONE: 5018200000 8-K 1 a05-7192_18k.htm 8-K

 

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):

April 21, 2005

 

 

 

 

 

J.B. HUNT TRANSPORT SERVICES, INC.

(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

 

 

 

Arkansas

 

0-11757

 

71-0335111

(STATE OR OTHER JURISDICTION

 

Commission File Number

 

(IRS EMPLOYER

OF INCORPORATION OR ORGANIZATION

 

 

 

IDENTIFICATION NO.)

 

 

 

615 J.B. Hunt Corporate Drive

 

 

 

 

Lowell, Arkansas

 

72745

 

(479) 820-0000

(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)

 

(ZIP CODE)

 

(Registrant’s telephone number)

 

 

 

 

 

 

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 April 21, 2005, we issued a news release announcing:

 

                  a two-for-one stock split on our common stock payable May 23, 2005,

 

                  a regular quarterly dividend of $.12 per common share payable on a pre-split basis on May 16, 2005

 

                  authorization of up to $500 million in additional repurchases of our common stock over the next five years.

 

A copy of the news release is filed as an exhibit to this Form 8-K.

 

 

ITEM 9.01.        FINANCIAL STATEMENTS AND EXHIBITS

 

(c)     Exhibits.

 

99.1                     Press release issued by the registrant on April 21, 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 thereunto duly authorized, in the city of Lowell, Arkansas, on the 21st day of April 2005.

 

 

J.B. HUNT TRANSPORT SERVICES, INC.

 

 

 

 

 

 

 

 

 

 

BY: 

/s/ Kirk Thompson

 

 

 

Kirk Thompson

 

 

President and Chief Executive Officer

 

 

 

 

 

 

 

BY: 

/s/ Jerry W. Walton

 

 

 

Jerry W. Walton

 

 

Executive Vice President, Finance and

 

 

Administration,

 

 

Chief Financial Officer

 

 

 

 

 

 

 

BY: 

/s/ Donald G. Cope

 

 

 

Donald G. Cope

 

 

Senior Vice President, Controller,

 

 

Chief Accounting Officer

 

2


 

EX-99.1 2 a05-7192_1ex99d1.htm EX-99.1

 

Exhibit 99.1

 

J.B. Hunt Transport Services, Inc.

 

Contact:

 

Kirk Thompson

615 J.B. Hunt Corporate Drive

 

 

 

President and

Lowell, Arkansas 72745

 

 

 

Chief Executive Officer

(NASDAQ: JBHT)

 

 

 

(479) 820-8110

 

 

FOR IMMEDIATE RELEASE

 

 

J.B. Hunt Transport Services, Inc.

Announces Stock Split, Quarterly Dividend

and Share Repurchase

 

 

LOWELL, ARKANSAS, April 21, 2005  — J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) revealed today that the Board of Directors has announced the following decisions:

 

Two-for-One Stock Split

The Board has announced a two-for-one stock split on its common stock, payable  May 23, 2005 to stockholders of record on May 2, 2005.

 

Dividend Declaration

The Board has declared the regularly quarterly dividend of $.12 per common share.  The dividend will be paid on a pre-split basis on May 16, 2005 to stockholders of record on May 2, 2005.

 

Share Repurchase

The Board also announced today that it has authorized up to $500 million in additional repurchases of its common stock over the next five years.  The Board had previously authorized up to $100 million in stock repurchases on December 14, 2004.  Purchases authorized under that plan were completed in March of 2005.

 

The specific timing and amount of repurchases will vary based on market conditions, cash flows, securities law limitations, and other factors.  The repurchase program may be suspended or discontinued at any time without prior notice.

 

 

* * * * * * * *

 

 

This press release contains forward-looking statements, which are based on information currently available.  Actual results may differ materially from those currently anticipated due to a number of factors, including, but not limited to, those discussed in Item 7 of the Company’s Annual Report filed on Form 10-K for the year ended December 31, 2004. The Company assumes no obligation to update any forward-looking statement to the extent it becomes aware that it will not be achieved for any reason.

 

About J.B. Hunt

J.B. Hunt Transport Services, Inc. is one of the largest transportation logistics companies in North America with annual revenues of more than $2.8 billion.  The Company operates more than 11,000 trucks and approximately 48,000 trailers and containers.  J.B. Hunt creates supply chain value through a variety of engineered, optimal solutions that include truckload and intermodal transportation services, dedicated fleet management, electronic commerce and logistics management.  The Company’s stock is traded on NASDAQ under the ticker symbol JBHT and is a component of the Dow Jones Transportation Average. For more information about the company, visit www.jbhunt.com.

 


 

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