UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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 20, 2006
HEARTLAND EXPRESS, INC.
(Exact name of registrant as specified in its charter)
Commission File Number - 0-15087
NEVADA 93-0926999
(State of other Jurisdiction (IRS Employer ID No.)
of Incorporation)
2777 HEARTLAND DRIVE, CORALVILLE, IOWA 52241
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number (including area code): 319-545-2728
ITEM 8.01. OTHER EVENTS
On April 20, 2006, Heartland Express, Inc. (the "Company") announced that
it declared a 4 for 3 stock split. A copy of the press release issued by the
Company is attached as Exhibit 99.1.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
The Exhibit listed on the Exhibit Index accompanying Form 8-K is furnished
herewith.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on behalf by the undersigned
thereunto duly authorized.
HEARTLAND EXPRESS, INC.
Date: April 20, 2006 BY: /s/ John P. Cosaert
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JOHN P. COSAERT
Vice-President
Finance and Treasurer
Exhibit No. 99.1
NEWS RELEASE:
From: Heartland Express, Inc.
2777 Heartland Drive
Coralville, Iowa 52241
NASDAQ Symbol: HTLD
Release Date: April 20, 2006 - FOR IMMEDIATE RELEASE
Heartland Express, Inc. Announces Stock Split
CORALVILLE, IA - April 20, 2006 - Heartland Express, Inc (Nasdaq: HTLD) today
announced that it has declared a 4 for 3 stock split, payable as a 33% stock
dividend on its issued and outstanding common stock, at the close of business on
May 15, 2006. The stock dividend will increase the Company's issued and
outstanding commons shares to approximately 98.4 million from approximately 73.8
million shares.
The stock dividend will be paid on May 15, 2006. The stock dividend will result
in the issuance of approximately 0.33 shares for each share issued and
outstanding held by shareholders of record as of May 5, 2006. Fractional shares
will be paid in cash.
The Company's quarterly cash dividend will continue to be paid at the current
quarterly rate of $0.02 per share. Accordingly, cash dividends will increase
approximately $2.0 million per year, a 33% increase.
Heartland Express said that the stock dividend was declared in order to provide
additional liquidity for the Company's shareholders. This is the Company's ninth
stock split since going public in 1986.
For further information contact:
John P. Cosaert
Vice-President and Chief Financial Office
Mike Gerdin
Vice President of Regional Operations
(319) 545-2728
END OF REPORT