-----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, HjLceiVXo3DMDX0eYDowzhIgrDqRFB19BCTT5XuXgzhIxIUyUE/JWr6EIb7oPsu7 qqTBaSR2OqVDkNGjbgjwlQ== 0000796534-99-000012.txt : 19990623 0000796534-99-000012.hdr.sgml : 19990623 ACCESSION NUMBER: 0000796534-99-000012 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990524 ITEM INFORMATION: FILED AS OF DATE: 19990524 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: SEC FILE NUMBER: 000-15204 FILM NUMBER: 99632979 BUSINESS ADDRESS: STREET 1: 100 SOUTH MAIN ST 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 ANNOUNCEMENT 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): May 24, 1999 NATIONAL BANKSHARES, INC. - ------------------------------------------------------------------------------ (Exact name of Registrant as specified in its charter) Virginia 0-15204 54-1375874 - ------------------------------------------------------------------------------ (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) P.O. Box 90002 Blacksburg, Virginia 24062-9002 - ------------------------------------------------------------------------------ (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (540) 552-2011 Page 1 of 2 Pages Item 5 Other Events ------------ NATIONAL BANKSHARES FINISHES STOCK BUYBACK James G. Rakes, Chairman, President & CEO of National Bankshares, Inc., today reported a successful conclusion to the stock tender offer that was announced on March 15. Mr. Rakes said, "We have completed the repurchase of a total of 275,856 shares of our company's common stock, at $28.00 per share. Our tender was so successful that we had more shares tendered than we were permitted to purchase, and we had to prorate some tenders. We are very excited about the success of this stock repurchase plan. It is an excellent use of the abundant capital of National Bankshares, and we believe that the stock repurchase is consistent with our long-term goal of increasing shareholder value." National Bankshares, Inc. is the parent company of The National Bank, headquartered in Blacksburg, and of Bank of Tazewell County, located in Tazewell. Together, the two banks have 16 offices in Montgomery, Giles and Tazewell counties and in the cities of Galax and Bluefield, Virginia. The company s stock is traded over the counter with the trading symbol "NKSH". FOR FURTHER INFORMATION, PLEASE CONTACT: Marilyn B. Buhyoff Secretary & Counsel P.O. Box 90002 Blacksburg, VA 24062-9002 (540) 951-6331 mbuhyoff@nbbank.com -----END PRIVACY-ENHANCED MESSAGE-----