-----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, Lh2zVp6mP/7pD0re5Fm2/TnAO6k3UMWGDxhNcmvyA/FcTSMMFWUW5XKbcTtmuXPX alA/1sJxqvWHcQNopu5iUQ== 0000950168-01-500143.txt : 20010430 0000950168-01-500143.hdr.sgml : 20010430 ACCESSION NUMBER: 0000950168-01-500143 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010425 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20010427 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HIGHWOODS REALTY LTD PARTNERSHIP CENTRAL INDEX KEY: 0000941713 STANDARD INDUSTRIAL CLASSIFICATION: LESSORS OF REAL PROPERTY, NEC [6519] IRS NUMBER: 561869557 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-21731 FILM NUMBER: 1612258 BUSINESS ADDRESS: STREET 1: 3100 SMOKETREE CT STE 600 CITY: RALEIGH STATE: NC ZIP: 27604 BUSINESS PHONE: 9198724924 MAIL ADDRESS: STREET 1: 3100 SMOKETREE COURT STREET 2: STE 600 CITY: RALEIGH STATE: NC ZIP: 27604 FORMER COMPANY: FORMER CONFORMED NAME: HIGHWOODS FORSYTH L P DATE OF NAME CHANGE: 19960626 8-K 1 form8k_87233.txt FORM 8-K 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): April 25, 2001 HIGHWOODS REALTY LIMITED PARTNERSHIP ------------------------------------ (Exact name of registrant specified in its charter)
North Carolina 0-21731 56-1869557 - -------------- ------- ---------- (State of Formation) (Commission File Number) (IRS Employer Identification No.)
3100 Smoketree Court, Suite 600, Raleigh, North Carolina 27604 (Address of principal executive offices, zip code) Registrant's telephone number, including area code: (919) 872-4924 Item 5. Other Events The purpose of this filing is to set forth an exhibit of the registrant's general partner, Highwoods Properties, Inc. (the "Company"). Item 7(c). Exhibits 99 Press Release Announcing the Company's Additional 5 Million Share Repurchase Plan, dated April 25, 2001 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. HIGHWOODS REALTY LIMITED PARTNERSHIP By: Highwoods Properties, Inc., its general partner By: /s/ Carman J. Liuzzo --------------------------------------- Carman J. Liuzzo Vice President, Chief Financial Officer and Treasurer Dated: April 26, 2001 EX-99 2 ex99_87233.txt PRESS RELEASE DATED APRIL 25, 2001 Exhibit 99 Highwoods Announces Additional 5 Million Share Repurchase Program and Declares Quarterly Dividends ---------------- RALEIGH, NC - April 25, 2001 - Highwoods Properties' (NYSE: HIW) Board of Directors today has authorized the repurchase of up to an additional five million shares and units of the Company's current 61.9 million outstanding common shares and operating partnership units through open market or privately negotiated transactions. "Having essentially completed our prior 10 million share and unit repurchase program as promised, we plan to continue to repurchase our undervalued shares in a leverage neutral fashion as part of our continuing efforts to build shareholder value. Funds for the purchases will be generated from our normal capital recycling efforts as we continually refine our property holdings in our eleven core markets" said Ronald P. Gibson, president and chief executive officer of Highwoods. Additionally, the Board declared the following dividends:
- ------------------------------------- ----------------- ---------------------------- -------------------------------- Amount Per Security Share Record Date Payable Date - ------------------------------------- ----------------- ---------------------------- -------------------------------- Common Stock $.57 May 4, 2001 May 17, 2001 - ------------------------------------- ----------------- ---------------------------- -------------------------------- Series A Cumulative Redeemable Preferred $21.5625 May 15, 2001 May 31, 2001 - ------------------------------------- ----------------- ---------------------------- -------------------------------- Series B Cumulative Redeemable Preferred $.50 June 1, 2001 June 15, 2001 - ------------------------------------- ----------------- ---------------------------- -------------------------------- Depositary Share Each Representing 1/10 of a Series D Cumulative Redeemable Preferred $.50 July 2, 2001 July 31, 2001 - ------------------------------------- ----------------- ---------------------------- --------------------------------
Highwoods Properties, Inc. is a fully integrated, self-administered real estate investment trust ("REIT") that provides leasing, management, development, construction and other customer-related services for its properties and for third parties. The Company currently owns or has an interest in 591 office, industrial, retail and service center properties encompassing approximately 46.2 million square feet, including 33 development projects encompassing approximately 3.7 million square feet, and 2,024 apartment units. Highwoods also controls more than 1,800 acres of development land. Highwoods is based in Raleigh, North Carolina, and its properties and development land are located in Florida, Georgia, Iowa, Kansas, Missouri, North Carolina, South Carolina, Tennessee and Virginia. For more information about Highwoods Properties, please visit our Web site at www.highwoods.com. Certain matters discussed in this press release, including the expected share repurchases, are forward-looking statements within the meaning of the federal securities laws. These statements are distinguished by use of the words "will", "expect", "intends" and words of similar meaning. Although Highwoods believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Factors that could cause actual results to differ materially from Highwoods' current expectations include general economic conditions, local real estate conditions, changes in the cost of materials and labor used in construction projects, and the other risks detailed in the Company's Annual Report on Form 10-K for the year ended December 31, 2000 and subsequent SEC reports. -----END PRIVACY-ENHANCED MESSAGE-----