-----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, AbMQ9H4hO+8GkkONg7a8IUIz/CS00h0mVvqvj+sCAJpsNQj1byPADNV749AcwPtm I80w6QVV5BXtRJ6lCtPiRw== 0001188112-10-002851.txt : 20101027 0001188112-10-002851.hdr.sgml : 20101027 20101027072618 ACCESSION NUMBER: 0001188112-10-002851 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20101027 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20101027 DATE AS OF CHANGE: 20101027 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RPC INC CENTRAL INDEX KEY: 0000742278 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] IRS NUMBER: 581550825 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08726 FILM NUMBER: 101143538 BUSINESS ADDRESS: STREET 1: 2801 BUFORD HIGHWAY CITY: ATLANTA STATE: GA ZIP: 30329 BUSINESS PHONE: 404-321-2140 MAIL ADDRESS: STREET 1: 2801 BUFORD HIGHWAY CITY: ATLANTA STATE: GA ZIP: 30329 FORMER COMPANY: FORMER CONFORMED NAME: RPC ENERGY SERVICES INC DATE OF NAME CHANGE: 19920703 8-K 1 t69129b_8k.htm FORM 8-K t69129b_8k.htm


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):  October 27, 2010



RPC, INC.
(Exact name of registrant as specified in its charter)


Delaware
1-8726
58-1550825
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(IRS Employer
Identification No.)

2801 Buford Highway, Suite 520, Atlanta, Georgia 30329
(Address of principal executive office) (zip code)

Registrant's telephone number, including area code: (404) 321-2140


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 (see General Instruction A.2. below):

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 October 27, 2010, RPC, Inc. issued a press release titled "RPC, Inc. Announces Stock Split and Increase in Quarterly Cash Dividend."  The press release announced that the Board of Directors approved a three-for-two split of the Companys outstanding common stock and increased the quarterly dividend from $0.06 per share to $0.07 per share to be paid on pre-split shares.


Item 9.01  Financial Statements and Exhibits.


(d)           Exhibits.

Exhibit 99 – Press Release dated October 27, 2010.

 
-2-

 
 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, RPC, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
  RPC, Inc.
   
Date:  October 27, 2010 /s/ Ben M. Palmer   
  Ben M. Palmer
  Vice President,
  Chief Financial Officer and
  Treasurer
 
-3-
EX-99 2 ex99.htm EXHIBIT 99 ex99.htm

Exhibit 99
 
GRAPHIC




FOR IMMEDIATE RELEASE

RPC, Inc. Announces Stock Split and Increase in Quarterly Cash Dividend
 
ATLANTA, October 27, 2010 -- RPC, Inc. (NYSE: RES) announced today that its Board of Directors has approved a three-for-two split of the Company's outstanding common stock.  The split will be effected by issuing one additional share of common stock for every two shares of common stock held.  The additional share of common stock will be distributed on December 10, 2010 to holders of record at the close of business on November 10, 2010.  No fractional shares will be issued.  Fractional share amounts resulting from the split will be paid to stockholders in cash.

RPC also announced that its Board of Directors declared a 16.7 percent increase in the regular quarterly cash dividend from $0.06 per share to $0.07 per share payable December 10, 2010 to common stockholders of record at the close of business on November 10, 2010.  The dividend will be paid on pre-split shares.

Richard A. Hubbell, RPC's Chief Executive Officer, stated, "This is the fifth split in RPC's history; we believe that this will reward our current stockholders and enhance the investment appeal of our common stock."

RPC provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties throughout the United States, including the Gulf of Mexico, mid-continent, southwest, Appalachian and Rocky Mountain regions, and in selected international markets.  RPC’s investor Web site can be found on the Internet at www.rpc.net.

For information about RPC, Inc. or this event, please contact:

Ben Palmer
Chief Financial Officer
(404) 321-2140
irdept@rpc.net

Jim Landers
Vice President, Corporate Finance
(404) 321-2162
jlanders@rpc.net
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