- ------------------------------------------------------------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
F O R M 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): September 11, 1996
EQUITY CORPORATION INTERNATIONAL
(Exact name of registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of
incorporation or organization)
75-2521142
(I.R.S. employer identification number)
415 SOUTH FIRST STREET, SUITE 210
LUFKIN, TEXAS
(Address of principal executive offices)
75901
(Zip Code)
(409) 634-1033
(Registrant's telephone number, including area code)
- ------------------------------------------------------------------------------
<PAGE>
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
Exhibit Number Description
-------------- ------------
99.1 Press Release, dated September 11, 1996, relating to
the declaration of the stock dividend.
2
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this current report to be signed on its behalf by
the undersigned thereunto duly authorized.
Date: September 11, 1996
EQUITY CORPORATION INTERNATIONAL
By: /s/ W. Cardon Gerner
------------------------
Senior Vice President
Chief Financial Officer
(Principal Financial Officer and Duly Authorized Officer)
3
<PAGE>
EXHIBIT INDEX
EXHIBIT INDEX DESCRIPTION
- -------------- ------------
99.1 Press Release, dated September 11, 1996, relating
to the declaration of the stock dividend.
4
EXHIBIT 99.1
NEWS RELEASE
EQUITY CORPORATION INTERNATIONAL
P.O. Drawer 100, Lufkin, Texas 75902-0100
CONTACT: W. Cardon Gerner, (409) 631-8703
FOR IMMEDIATE RELEASE:
LUFKIN, TEXAS, SEPTEMBER 11 - Equity Corporation International (NASDAQ,
NM-ECII), announced today that its Board of Directors has approved a 3-
for-2 split of its common stock to be effected as a stock dividend. The
record date for purposes of the dividend is September 23, 1996. The
stock dividend will be distributed on October 2, 1996. Currently, there
are 12,789,507 common shares outstanding.
"Based on the company's performance, we are experiencing a greater
interest in our stock," said James P. Hunter, III, chairman and chief
executive officer. "This action is being taken to increase the liquidity
of our stock and to broaden our shareholder base, while at the same time
rewarding our existing shareholder loyalty in our company where the
earnings are being reinvested to finance the growth and development of
our business in lieu of paying the cash dividends," Hunter concluded.
Equity Corporation International is the nation's fourth largest publicly
traded deathcare company, which owns and operates 146 funeral homes and
62 cemeteries in 22 states as of September 10, 1996.