0001144204-16-139187.txt : 20161213 0001144204-16-139187.hdr.sgml : 20161213 20161213163538 ACCESSION NUMBER: 0001144204-16-139187 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20161213 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20161213 DATE AS OF CHANGE: 20161213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WABASH NATIONAL CORP /DE CENTRAL INDEX KEY: 0000879526 STANDARD INDUSTRIAL CLASSIFICATION: TRUCK TRAILERS [3715] IRS NUMBER: 521375208 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10883 FILM NUMBER: 162049288 BUSINESS ADDRESS: STREET 1: 1000 SAGAMORE PARKWAY SOUTH CITY: LAFAYETTE STATE: IN ZIP: 47905 BUSINESS PHONE: 7657715310 MAIL ADDRESS: STREET 1: 1000 SAGAMORE PARKWAY SOUTH CITY: LAFAYETTE STATE: IN ZIP: 47905 8-K 1 v454869_8k.htm FORM 8-K

  

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):

December 13, 2016

 

Wabash National Corporation

(Exact name of registrant as specified in its charter)

 

Delaware 1-10883 52-1375208
(State or other jurisdiction of incorporation) (Commission File No.) (IRS Employer
Identification No.)

 

1000 Sagamore Parkway South, Lafayette, Indiana                 47905
                 (Address of principal executive offices)                   (Zip Code)

 

Registrant’s telephone number, including area code:
(765) 771-5310

__________________

 

Not applicable

(Former name or former address, if changed since last report)

  

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:

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  
¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  
¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  
¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

  

INFORMATION TO BE INCLUDED IN THE REPORT

 

Section 8 – Other Events

 

Item 8.01 Other Events.

 

On December 13, 2016, Wabash National Corporation (the Company) issued a press release announcing that the Board of Directors approved the reinstatement of a dividend program under which the Company will pay a regular quarterly cash dividend to stockholders of its common stock. The initial dividend will be payable January 26, 2017, to shareholders of record as of January 5, 2017. Future dividends will be subject to Board approval. A copy of the Registrant’s press release is attached as Exhibit 99.1.

 

Section 9 – Financial Statements and Exhibits

 

Item 9.01 Financial Statements and Exhibits.

 

(d)Exhibits

 

99.1Wabash National Corporation press release dated December 13, 2016.

 

 

 Page 2 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

  WABASH NATIONAL CORPORATION
   
Date:  December 13, 2016 By: /s/ Jeffery L. Taylor  
    Jeffery L. Taylor  
    Senior Vice President and Chief Financial Officer

 

 

 Page 3 

 

   

EXHIBIT INDEX

 

Exhibit No.   Description
     
99.1   Wabash National Corporation press release

 

 

 Page 4 

 

 

EX-99.1 2 v454869_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

Media Contact:

Dana Stelsel

Corporate Communications Manager

(765) 771-5766

dana.stelsel@wabashnational.com

 

Investor Relations:

Mike Pettit

Vice President, Finance and Investor Relations

(765) 771-5581

michael.pettit@wabashnational.com

 
 WABA.jpg

 

Wabash National Corporation Reinstates $0.06 Quarterly Dividend Payment

 

LAFAYETTE, Ind. – Dec. 13, 2016 – Wabash National Corporation (NYSE: WNC), a diversified industrial manufacturer and North America’s leading producer of semi-trailer and liquid transportation systems, today announced a reinstatement of a dividend program under which the company will pay a regular quarterly cash dividend to stockholders of its common stock.

 

“The decision by the Board of Directors to declare a regular quarterly dividend represents a significant milestone in the transformation of the Company, demonstrating confidence in our free cash flow generation and financial outlook, both near and long term,” said Dick Giromini, chief executive officer. “Our balanced capital allocation plan, including the reinstated dividend and the existing share repurchase program, reinforces our commitment to deliver value to our shareholders while maintaining financial strength and flexibility to execute our strategic plan for growth and diversification.”

 

Wabash National intends to pay a quarterly dividend of $0.06 per share on its common stock, representing a planned annual dividend of $0.24 per share. The initial dividend will be payable January 26, 2017, to shareholders of record as of January 5, 2017. Future dividends will be subject to board approval.

 

####

 

About Wabash National Corporation

Wabash National Corporation (NYSE: WNC) is a diversified industrial manufacturer and North America’s leading producer of semi-trailers and liquid transportation systems. Established in 1985 in Lafayette, Indiana, the company manufactures a diverse range of products, including: dry freight and refrigerated trailers, platform trailers, bulk tank trailers, dry and refrigerated truck bodies, truck-mounted tanks, intermodal equipment, aircraft refueling equipment, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade and pharmaceutical equipment. Its innovative products are sold under the following brand names: Wabash National®, Beall®, Benson®, Brenner® Tank, Bulk Tank International, DuraPlate®, Extract Technology®, Garsite, Progress Tank, Transcraft®, Walker Engineered Products, and Walker Transport. Learn more at www.wabashnational.com.

 

Safe Harbor Statement

This press release contains certain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements convey the Company’s current expectations or forecasts of future events. All statements contained in this press release other than statements of historical fact are forward-looking statements. These forward-looking statements include, among other things, the Company’s intention to pay dividends in the future, the Company’s growth prospects, prospective free cash flow generation and financial outlook.  These and the Company’s other forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. Without limitation, these risks and uncertainties include the possibility that the Company’ Board of Directors may discontinue payment of dividends in the future, uncertain economic conditions including the possibility that customer demand may not meet our expectations, increased competition, reliance on certain customers and corporate partnerships, risks of customer pick-up delays, shortages and costs of raw materials, risks in implementing and sustaining improvements in the Company’s manufacturing capacity and cost containment, dependence on industry trends and timing and costs of indebtedness.  Readers should review and consider the various disclosures made by the Company in this press release and in the Company’s reports to its stockholders and periodic reports on Forms 10-K and 10-Q.

 

 

 

 

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