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): January 5, 2007
Commission File Number 1-9929
Insteel Industries, Inc.
(Exact name of registrant as specified in its charter)
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North Carolina
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56-0674867 |
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(State or other jurisdiction of
incorporation or organization)
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(I.R.S. Employer
Identification No.) |
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1373 Boggs Drive, Mount Airy, North Carolina
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27030 |
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(Address of principal executive offices)
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(Zip Code) |
Registrants telephone number, including area code: (336) 786-2141
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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. Other Events
On January 10, 2007, the Company issued a press release announcing that its board of directors
has authorized the Company to repurchase up to $25 million of its outstanding common stock over a
period of up to twelve months ending January 5, 2008. The new authorization replaces the previous
authorization to repurchase up to $15 million of the Companys common stock which was to expire on
January 12, 2007. Under this previous authorization, the Company repurchased $8.5 million, or
800,000 shares of its common stock (adjusted to reflect the two-for-one stock split that occurred
on June 16, 2006). A copy of this release is being furnished as
Exhibit 99.1 to this Current Report
on Form 8-K.
Item 9.01. Financial Statements and Exhibits
Exhibit 99.1 Press release dated January 10, 2007 announcing $25 million stock repurchase program.
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