SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 6, 2005
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation)
|(Commission File Number)||(IRS Employer Identification No.)|
|2100 Rexford Road, Charlotte, North Carolina||28211|
|(Address of principal executive offices)||(Zip Code)|
Registrants telephone number, including area code: (704) 366-7000
(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))|
Item 8.01 Other Events
The information, including the exhibit attached hereto, in this Current Report is being furnished pursuant to Item 8.01 and 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 liabilities of that Section. The information in the Current Report shall not be incorporated by reference into any registration statement pursuant to the Securities Act of 1933, as amended.
On December 6, 2005, Nucor Corporation announced that its Board of Directors had authorized the repurchase of up to an additional 10 million shares of its common stock, once the current repurchase authorization is completed. Approximately 2.9 million shares remain available for repurchase under a program Nucor announced in September 2000 and reactivated in April 2005. Share repurchases will be made from time to time at prevailing prices. A copy of the news release the Company issued announcing this authorization is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits
99.1 News Release of Nucor Corporation, issued December 6, 2005
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.
/s/ Terry S. Lisenby
|Terry S. Lisenby|
Chief Financial Officer, Treasurer and
Executive Vice President
Dated: December 7, 2005
INDEX TO EXHIBITS
|99.1||News Release of Nucor Corporation, issued December 6, 2005|
ONE-HUNDRED THIRTY-FIRST (131ST) CONSECUTIVE
CASH DIVIDEND AND SHARE REPURCHASE PROGRAM
CHARLOTTE, NORTH CAROLINA, December 6, 2005 The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of fifteen cents (15¢) per share on Nucors common stock. In addition to the fifteen cents (15¢) per share base dividend amount, Nucors Board approved the payment of a supplemental dividend of fifty (50¢) per share, for a total dividend of sixty-five cents (65¢) per share. This cash dividend is payable on February 10, 2006 to stockholders of record on December 30, 2005, and is Nucors one-hundred thirty-first (131st) consecutive quarterly cash dividend.
The supplemental dividend of fifty cents (50¢) per share is an increase of twenty-five cents (25¢) over last quarters supplemental dividend and is based primarily on Nucors continued strong results. The payment of any future supplemental dividends will depend upon many factors, including Nucors earnings, cash flows and financial position.
In a separate action, Nucors Board of Directors approved the purchase of up to an additional 10 million shares of its common stock, once the current repurchase authorization is complete. Approximately 2.9 million shares are available for repurchase under a program announced in September 2000 and reactivated in April 2005. Share purchases will be made from time to time at prevailing prices.
Nucor and affiliates are manufacturers of steel products, with operating facilities in sixteen states. Products produced are: carbon and alloy steel in bars, beams, sheet and plate; steel joists and joist girders; steel deck; cold finished steel; steel fasteners; metal building systems; and light gauge steel framing. Nucor is the nations largest recycler.
Nucor Executive Offices: 2100 Rexford Road, Charlotte, North Carolina 28211
Phone 704-366-7000 Fax 704-362-4208 www.nucor.com