REPUBLIC INDUSTRIES INC
424B3, 1996-06-24
REFUSE SYSTEMS
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<PAGE>   1
                                                                 Rule 424(b)(3)
                                                              File No. 33-65289
                                                      Republic Industries, Inc.

                     SUPPLEMENT NO. 1 DATED JUNE 11, 1996
                    TO PROSPECTUS DATED DECEMBER 29, 1995

        On May 10, 1996, the Company's Board of Directors approved a 
two-for-one stock split (the "Stock Split") relating to the Common Stock for 
stockholders of record on May 28, 1996. The Stock Split was effected by means 
of a 100% stock dividend distributed on June 8, 1996. Quotations on Nasdaq 
relating to the Common Stock began reflecting the Stock Split on June 10, 1996. 
Purchasers of Common Stock pursuant to this Prospectus are advised to take into 
account the effect of the Stock Split upon certain information presented in 
this Prospectus, including without limitation, the effect of the Stock Split on 
number of shares and per share information contained herein.

        In order to reflect adjustment for the Stock Split, as well as certain 
transfers and sales of Common Stock by certain Selling Stockholders, the table
of Selling Stockholders in the Selling Stockholders Section of the Prospectus
is hereby deleted and replaced in its entirety by the following table, which 
contains information as of June 11, 1996:
<TABLE>
<CAPTION>
                                                              SHARES BENEFICIALLY OWNED             SHARES TO BE OFFERED FOR THE
SELLING STOCKHOLDER                                             PRIOR TO THE OFFERING               SELLING STOCKHOLDER'S ACCOUNT
- -------------------                                           -------------------------             -----------------------------
<S>                                                                <C>                                      <C>
Marcus J. Bird and Loretta Bird, Tenants by the Entirety(1)..           6,202                                    6,202
James R. and Kathleen R. Bland, JTWROS.......................           6,000                                    6,000   
Ronald W. Boyd(1)............................................           2,892                                    2,892     
Lee G. Brown(2)..............................................       3,970,282                                3,970,282
John H. Chapman(3)...........................................           7,978                                    7,978
John S. Doubet and JoAnn P. Doubet, Tenants by the 
 Entirety(1).................................................          25,470                                   25,470
George M. Duncan.............................................          26,656                                   26,656  
Dan R. Duncan(4).............................................         593,582                                  593,582
Debra A. Duncan(4)...........................................         124,076                                  124,076
Robert C. Duncan(4)..........................................          26,930                                   26,930      
Jannette T. Duncan Annuity Trust No. One(5)..................         314,858                                  314,858
Jannette T. Duncan Annuity Trust No. Two(5)..................         581,594                                  581,594
Jannette T. Duncan Annuity Trust No. Three(5)................         668,018                                  668,018
Jannette T. Duncan Annuity Trust No. Four(5).................          90,316                                   90,316
Robert C. Duncan Annuity Trust No. One(6),.,.................       2,678,008                                2,678,008
Robert C. Duncan Annuity Trust No. Two(6),.,.................         568,008                                  568,008
Robert C. Duncan Annuity Trust No. Three(6),.................         643,902                                  643,902
Robert C. Duncan Annuity Trust No. Four(6),..................          89,430                                   89,430
DeeDee Duncan Elliott........................................         124,076                                  124,076 
S. Allison Fennell...........................................           8,978                                    8,978
G. Scott Fennell(3)..........................................          64,000                                   64,000
George W. Fennell(3).........................................       3,389,702                                3,389,702   
Diane L. Gaither.............................................           1,250                                    1,250
James M. Gaither.............................................           1,250                                    1,250   
Diane L. Gaither C/F Nick A. Nelson..........................           1,250                                    1,250   
James M. Gaither C/F Taylor L. Gaither.......................           1,250                                    1,250 
Clyde Gallo(1)...............................................          63,294                                   63,294   
Debra A. Haschker............................................           6,778                                    6,778
Joe J. Hassan................................................          13,616                                   13,616    
Joseph W. Landolfi and Jacquelyn S. Landolfi, Tenants 
 by the Entirety(1)..........................................          16,368                                   16,368
Keith Randall Ledford and Stacey Lorraine Van Fleet Ledford,
 Tenants by the Entirety(1)..................................         121,198                                  121,198
Mina B. McLean(2)............................................          91,400                                   91,400
Don K. Osterbye(1)...........................................         104,572                                  104,572
Gary Lee Prutow(1)...........................................          13,474                                   13,474
Debra Scott(1)...............................................         662,214                                  662,214   
Bruce Scott(1)...............................................       1,135,366                                1,135,366 
Jennifer H. Scott............................................           6,608                                    6,608
Timothy Scott................................................           5,600                                    5,600   
Verneil Scott................................................          13,616                                   13,616   
Lani H. Shaughnessy..........................................          11,820                                   11,820 
Bob Sheck(1).................................................          88,524                                   88,524
Robert N. Shepard(3).........................................         216,370                                  216,370
Kevin Smith(1)...............................................          75,470                                   75,470 
Kelen Lyn Fouke Stickland....................................          13,474                                   13,474
Melinda Duncan Vince.........................................          25,232                                   25,232
Phyllis Ann Wells(1).........................................          31,612                                   31,612
Russell Wells(1).............................................          31,612                                   31,612
Robert Russell Wells.........................................             572                                     572
Rodney Russell Wells.........................................             572                                      572
Margaret F. Wisor............................................          11,820                                   11,820
</TABLE>
- ------------
(1)  Bruce Scott, Debra Scott, Marcus J. Bird, Loretta Bird, Ron Boyd, John S. 
     Doubet, JoAnn P. Doubet, Clyde M. Gallo, Keith Randall Ledford, Stacey 
     Lorraine Van Fleet Ledford, Jacquelyn S. Landolfi, Joseph W. Landolfi, 
     Don K. Osterbye, Gary Lee Prutow, Bob Sheck, Kevin Smith, Phyllis Ann 
     Wells and Russell Wells served as officers of CANA First Corporation 
     D/B/A Scott Security Systems and/or related companies (the "Scott 
     Security Companies") prior to the Company's acquisition of the Scott 
     Security Companies on November 30, 1995, and Bruce Scott and certain of 
     these other individuals continue to serve as officers thereof.
(2)  Lee G. Brown and Mina B. McLean served as officers and directors of 
     Garbage Disposal Service, Inc. ("GDS") prior to the Company's acquisition
     of GDS on November 30, 1995, and Lee G. Brown continues to serve as an 
     officer thereof.
(3)  George W. Fennell, Robert N. Shepard, G. Scott Fennell and John H. Chapman
     served as officers of Fennell Container Co., Inc. and related companies
     (the "Fennell Companies") prior to the Company's acquisition of the
     Fennell Companies on November 30, 1995, and continue to serve as officers
     thereof.
(4)  Robert C. Duncan, Dan R. Duncan and Debra A. Duncan served as officers of 
     J.C. Duncan Company, Inc. and related companies (the "Duncan Companies") 
     prior to the Company's acquisition of the Duncan Companies on November 30,
     1995, and continue to serve as officers thereof.
(5)  Jannette T. Duncan is the grantor and sole trustee of the Jannette T.
     Duncan Annuity Trust No.'s One through Four.
(6)  Robert C. Duncan is the grantor and sole trustee of the Robert C.
     Duncan Annuity Trust No.'s One through Four.




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