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
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Date of Report (Date of Earliest Event Reported): August 11, 1998
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KLLM TRANSPORT SERVICES, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-14759 64-0412551
(State or other juris- (Commission File (I.R.S. Employer
diction of incorporation) Number Identification No.)
135 Riverview Drive, Richland, Mississippi 39218
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (601) 939-2545
Item 5. Other Events.
On August 11, 1998, KLLM Transport Services, Inc. (the "Company") announced
that the Board of Directors has authorized the repurchase of up to 200,000
shares of the Company's outstanding stock over the next three months.
Under the stock repurchase program shares may be purchased from time to
time at prevailing prices in open market transactions, subject to market
conditions, share price and other considerations. The Company currently
has 4,374,000 shares outstanding and this authorization represents
approximately 4.6 percent of that amount. Jack Liles, President and
Chief Executive Officer,stated, "The Board believes that the stock, at
its current valuation, represents an attractive investment opportunity
for KLLM Transport Services".
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SIGNATURES
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.
KLLM TRANSPORT SERVICES, INC.
Date: August 13, 1998 By: s/ William J. Liles, III
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William J. Liles, III
President and Chief Executive
Officer
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