stocksplit.htm
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 24, 2008 (January 22,
2008)
NEW
JERSEY RESOURCES
CORPORATION
(Exact
name of registrant as specified in its charter)
|
New
Jersey
(State
or other jurisdiction
of
incorporation)
|
1-8359
(Commission
File
Number)
|
22-2376465
(IRS
Employer
Identification
No.)
|
|
1415
Wyckoff Road
Wall,
New Jersey
(Address
of principal executive offices)
|
|
07719
(Zip
Code)
|
(732) 938-1480
(Registrant’s
telephone number, including area code)
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 (see General Instruction A.2 below):
[ ]
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))
Item 5.02
Retirement of
Director
Effective
at the 2008 Annual Meeting of Shareholders (the “Annual Meeting”) of New Jersey
Resources Corporation (the “Company”) held on January 23, 2008, Mr. Gary W. Wolf
has retired from the Company’s Board of Directors (the
“Board”). Mr. Wolf, who had been a member of the Company’s Board
since 1996, and a member of the board of directors of New Jersey Natural
Gas
Company since 1998, had reached the retirement age for directors set forth
in
Company’s Corporate Governance Guidelines.
Item 7.01. Other
Events.
On
January 23, 2008, the Company issued a press release announcing that after
the
close of business on January 22, 2008, the Board approved a three-for-two split
of the Company’s common stock. The Company will effect the stock
split by issuing one additional share of common stock for every two outstanding
shares of common stock. Shareholders of record as of the close of
business on February 8, 2008, will receive one additional share of common stock
for every two shares owned as of that date. The additional shares
will be distributed on March 3, 2008. Trading of the Company’s common
stock on a split-adjusted basis will begin at the start of trading on March
4,
2008.
In
addition, the Board increased the Company’s regular quarterly dividend to 42
cents a share (28 cents on a post-split basis) from 40 cents a share (26.7
cents
on a post-split basis). The dividend is payable on April 1, 2008, to
shareholders of record at the close of business on March 14,
2008. The annualized dividend rate will now be $1.12 per share on a
post-split basis.
The
press
release issued on January 23, 2008, by the Company is attached hereto as Exhibit
99.1 and incorporated herein by reference. In accordance with General
Instruction B.2 of Form 8-K, the information in this Current Report on Form
8-K,
including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section
18 of the Securities Exchange Act of 1934, as amended, or otherwise subject
to
the liability of that section, nor shall it be deemed incorporated by reference
in any filing under the Securities Act of 1933, as amended, except as shall
be
expressly set forth by specific reference in such a filing.
Item
9.01. Financial Statements and Exhibits
The
following exhibit is furnished with this report on Form 8-K:
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Exhibit
Number
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Description
|
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99.1
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|
Press
release issued January 23, 2008
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SIGNATURE
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 hereunto
duly authorized.
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NEW
JERSEY RESOURCES CORPORATION
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Date:
January 24, 2008
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By:
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/s/Glenn
C. Lockwood
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Glenn
C. Lockwood
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Senior
Vice President, Chief Financial Officer and
Treasurer
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EXHIBIT
INDEX
Exhibit
Number Description
99.1
Press release issued January 23, 2008