UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): August 28, 1996
Collins Industries, Inc.
(Exact name of registrant as specified in its charter)
Missouri
(State or other jurisdiction of incorporation)
0-12619 43-0985160
(Commission File Number) (IRS Employer Identification No.)
421 East 30th Avenue, Hutchinson, Kansas 67502
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (316)663-5551
N/A
(Former name or former address, if changed since last report)
0211383.01
Item 5. Other Events.
On August 28, 1996, the Board of Directors of
Collins Industries, Inc. (the "Company") adopted a stock
repurchase program under which the Company may purchase from
time to time up to one million (1,000,000) shares of its
common stock in unsolicited open market and/or private
transactions. All stock purchases will be at market prices.
The repurchased shares will be available for use in
connection with employee incentive plans, stock option
plans, and other corporate purposes. If purchased, these
shares would represent approximately 14% of the more than
7,339,110 shares presently outstanding.
Item 7. Financial Statements and Exhibits
(c) Exhibits.
Exhibit Description
1. Press release dated August 28, 1996.
0211383.01
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.
COLLINS INDUSTRIES, INC.
By: /s/ Larry W. Sayre
Larry W. Sayre
Vice President - Finance
and Chief Financial Officer
Date: August 28, 1996
0211383.01
EXHIBIT INDEX
Exhibit Description Page
1. Press release dated August 28, 1996. 1
0211383.01
EXHIBIT 1
FOR IMMEDIATE RELEASE
COLLINS INDUSTRIES, INC.
ADOPTS STOCK REPURCHASE PLAN
Hutchinson, Kansas, August 28, 1996 -- Collins
Industries, Inc. (NASDAQ: COLL) announced today it has
adopted a stock repurchase program under which the Company
may purchase from time to time up to one million (1,000,000)
shares of its common stock in unsolicited open market and/or
private transactions. All stock purchases will be at market
prices. The repurchased shares will be available for use in
connection with employee incentive plans, stock option
plans, and other corporate purposes. If purchased, these
shares would represent approximately 14% of the more than
7,339,110 shares presently outstanding.
"We believe that at recent price levels for Collins
common stock, buying shares is an excellent investment for
the benefit of the Company," said Don L. Collins, the
Company's Chairman and Chief Executive Officer.
Collins Industries, Inc. is a leading manufacturer of
ambulances, small school buses, commercial buses, terminal
trucks and wheelchair lifts and accessories for the
disabled. The Company sells its products through direct
sales personnel and independent dealers throughout the
United States and abroad.
For more information contact Larry W. Sayre, Vice
President - Finance and Chief Financial Officer, Collins
Industries, Inc. 421 East 30th Avenue, Hutchinson, Kansas
67502-2489. Telephone number (316) 663-5551.
0211383.01
