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): October 26, 1999
HEARTLAND EXPRESS, INC.
(Exact Name of Registrant as Specified in its Charter)
Commission File No. 0-15087
NEVADA 93-0926999
(State or other Jurisdiction (IRS Employer ID No.)
of Incorporation)
2777 HEARTLAND DRIVE, CORALVILLE, IOWA 52241
(Address of Principal Executive Offices) (Zip Code)
Registrants Telephone Number (including area code) 319/645-2728
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Heartland Express, Inc.
Index to Form 8-K
Contents
Item 1. Changes in Control of Registrant............................. *
Item 2. Acquisition or Disposition of Assets......................... *
Item 3. Bankruptcy or Receivership................................... *
Item 4. Changes in Registrant's Certifying Accountant................ *
Item 5. Other Events................................................. 3
Item 6. Resignation of Registrant's Directors........................ *
Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits..................................... *
Signatures.............................................................. 3
* No information submitted under this caption.
Item 5. Other Events
See Attached Press Release dated October 27, 1999 filed as Exhibit 1 hereto.
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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 thereunto duly authorized.
HEARTLAND EXPRESS, INC.
BY: /s/ John P. Cosaert
JOHN P. COSAERT
Vice-President
Finance and Treasurer
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EXHIBIT 1
NEWS RELEASE:
FROM: Heartland Express, Inc.
2777 Heartland Drive
Coralville, IA 52241
NASDAQ Symbol: HTLD
Release Date: October 27, 1999 - FOR IMMEDIATE RELEASE
Heartland Express, Inc. announced today the repurchase of 3,539,749 share of its
outstanding Common Stock, from a single shareholder in a negotiated transaction.
The price paid was $12.75 per share, the closing per share price reported on the
NASDAQ on October 26, 1999. The transaction totaled $45,131,800. The reacquired
shares represented 11.7% of the 30,000,000 shares outstanding.
Russell Gerdin, CEO of Heartland stated "We are pleased to be in a position to
make this acquisition, in today's environment we see Heartland as being one of
the best investments we could make, for our shareholders."
The repurchase will reduce the number of outstanding shares from 30,000,000 to
26,460,251.
For further information, contact:
John P. Cosaert
Chief Financial Officer
Heartland Express, Inc.
(319) 645-2728
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