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(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(I.R.S. Employer
Identification No.)
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Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Title of each class
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The
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Exhibit 99.1 | News Release dated May 21, 2024 announcing declaration of a quarterly cash dividend of $0.03 per share. |
Exhibit 104 | Cover Page Interactive Data File (embedded within Inline XBRL document). |
By:
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/s/ Elizabeth C. Southern
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Name:
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Elizabeth C. Southern
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Title:
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Vice President Administration, Secretary and Chief Legal Officer
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Date:
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May 21, 2024
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Exhibit 99.1
NEWS RELEASE
FOR IMMEDIATE RELEASE | Contact: |
Scot Jafroodi Vice President, Chief Financial Officer and Treasurer Insteel Industries Inc. (336) 786-2141 |
INSTEEL INDUSTRIES DECLARES QUARTERLY CASH DIVIDEND
MOUNT AIRY, N.C., May 21, 2024 – Insteel Industries Inc. (NYSE: IIIN) today announced that its board of directors declared a regular quarterly cash dividend of $0.03 per share of common stock payable on June 28, 2024, to shareholders of record as of June 14, 2024.
About Insteel
Insteel is the nation’s largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete pipe reinforcement and standard welded wire reinforcement. Insteel’s products are sold primarily to manufacturers of concrete products that are used primarily in nonresidential construction. Headquartered in Mount Airy, North Carolina, Insteel operates ten manufacturing facilities located in the United States.
Forward-Looking Statements and Risk Factors
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not descriptions of historical facts are forward-looking statements that are based on our current expectations and may include commentary on our plans, financial position, liquidity, and other business developments. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future results could differ materially from those described, and we do not undertake and specifically decline any obligation to correct or update any forward-looking statements. For further information regarding risk factors that could affect our operations and future results, refer to our reports filed with the U.S. Securities and Exchange Commission, including our annual report on Form 10-K for the year ended September 30, 2023.
IIIN - D
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1373 BOGGS DRIVE, MOUNT AIRY, NC 27030/PHONE: (336) 786-2141/FAX: (336) 786-2144
WWW.INSTEEL.COM
Document And Entity Information |
May 21, 2024 |
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Document Information [Line Items] | |
Entity, Registrant Name | Insteel Industries Inc. |
Document, Type | 8-K |
Document, Period End Date | May 21, 2024 |
Entity, Incorporation, State or Country Code | NC |
Entity, File Number | 1-9929 |
Entity, Tax Identification Number | 56-0674867 |
Entity, Address, Address Line One | 1373 Boggs Drive |
Entity, Address, City or Town | Mount Airy |
Entity, Address, State or Province | NC |
Entity, Address, Postal Zip Code | 27030 |
City Area Code | 336 |
Local Phone Number | 786-2141 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Common Stock |
Trading Symbol | IIIN |
Security Exchange Name | NYSE |
Entity, Emerging Growth Company | false |
Amendment Flag | false |
Entity, Central Index Key | 0000764401 |
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