-----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, L9dj3Df9hgucqIGm8k2x95jaH4Dz6WpsNdxF38itEo2p8qR7p0WFGcPesBQtW31e 3HZBaM6mF66ekAaQlDFvmQ== 0000796534-07-000016.txt : 20070509 0000796534-07-000016.hdr.sgml : 20070509 20070509164152 ACCESSION NUMBER: 0000796534-07-000016 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070509 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070509 DATE AS OF CHANGE: 20070509 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL BANKSHARES INC CENTRAL INDEX KEY: 0000796534 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 541375874 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-15204 FILM NUMBER: 07833042 BUSINESS ADDRESS: STREET 1: PO BOX 90002 CITY: BLACKSBURG STATE: VA ZIP: 24062-9002 BUSINESS PHONE: 5405522011 MAIL ADDRESS: STREET 1: 100 SOUTH MAIN STREET STREET 2: PO BOX 90002 CITY: BLACKSBURG STATE: VA ZIP: 24062-9002 8-K 1 form8k.txt 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: May 9, 2007 Commission File Number: 0-15204 National Bankshares, Inc. - -------------------------------------------------------------------------------- (Exact name of Registrant as specified in its charter) Virginia 54-1375874 - -------------------------------- ------------------------------------ (State or other jurisdiction of (I.R.S. Employer Identification No.) incorporation or organization) 101 Hubbard Street Blacksburg, VA 24060 - --------------------------------------- (Address of principal executive offices) Registrant's telephone number, including area code (540) 951-6300 -------------- Page 1 of 2 Pages ITEM 7.01 REGULATION FD DISCLOSURE The following information and exhibit is being furnished pursuant to Regulation FD. National Bankshares, Inc, issued a press release on May 9, 2007, announcing that its Board of Directors has declared a semi-annual dividend of $0.37 per share payable on June 1, 2007 to stockholders of record as of May 21, 2007. The press release is attached as Exhibit 99.1 and is incorporated herein by reference. ITEM 8.01 OTHER EVENTS The Company's May 9, 2007 press release also announced the renewal of a stock repurchase plan under which the Company's management is authorized to repurchase up to 100,000 of common stock in the open market in the period from June 1, 2007 through May 31, 2008. The press release is attached as Exhibit 99.1 and is incorporated herein by reference. Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits 99.1 National Bankshares, Inc. press release dated May 9, 2007. SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. NATIONAL BANKSHARES, INC. Date: May 9, 2007 By: /s/ JAMES G. RAKES --------------------------------------- James G. Rakes Chairman President and Chief Executive Officer Page 2 of 2 Pages EX-99 2 ex99.txt FOR IMMEDIATE RELEASE CONTACTS: James G. Rakes, President & CEO (540) 951-6236 J. Robert Buchanan, Treasurer (276) 979-0341 NATIONAL BANKSHARES, INC. BOARD OF DIRECTORS APPROVES SEMI-ANNUAL DIVIDEND AND RENEWAL OF STOCK REPURCHASE AUTHORIZATION BLACKSBURG, VA, MAY 9, 2007: NATIONAL BANKSHARES, INC. (NASDAQ Capital Market: NKSH) announced that its Board of Directors today approved payment on June 1, 2007 of a semi-annual dividend of $0.37 per share to stockholders of record as of May 21, 2007. In other business, the Board of Directors renewed its authorization of a stock repurchase plan in which management is authorized to purchase up to 100,000 shares of the Company's common stock on the open market. This authorization extends from June 1, 2007 to May 31, 2008. To date, National Bankshares, Inc. has acquired 37,250 shares under the current stock repurchase plan that expires on May 31, 2007. The Company's management has not yet determined how many shares, if any, might be purchased under the renewed stock repurchase plan. National Bankshares, Inc. is a financial holding company headquartered in Blacksburg, Virginia. It is the parent company of National Bank, a community bank that has 26 office locations throughout Southwest Virginia. The Company also operates a non-bank subsidiary, National Bankshares Financial Services, Inc., that offers insurance and investment services. Its stock trades on the NASDAQ Stock Market under the symbol "NKSH". Additional information is available on the Company's web site at www.nationalbankshares.com. -----END PRIVACY-ENHANCED MESSAGE-----