SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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 ): September 10, 1998
TRINITY INDUSTRIES, INC.
(Exact name of Registrant as specified in its charter)
Delaware 1-6903 75-0225040
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
2525 Stemmons Freeway
Dallas, Texas 75207-2401
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: 214/631-4420
Item 5. Other Events
On September 10, 1998, the Registrant announced a stock repurchase
program under which up to 10 percent of the Registrant's common stock
could be repurchased over time. This is the Registrant's first-ever
stock buy-back program.
Item 7. Exhibits
(c) Exhibits
Exhibit 99(1) - Press release of Registrant dated September 10, 1998
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.
TRINITY INDUSTRIES, INC.
Date: September 22, 1998 By: \s\ John M. Lee
John M. Lee
Vice President
EXHIBIT 99(1)
News release of September 10, 1998 regarding stock repurchase program.
TRINITY INDUSTRIES, INC.
NEWS RELEASE
Contact: Michael E. Conley
Director of Investor Relations
(214) 589-8935
FOR IMMEDIATE RELEASE
Trinity Industries Board Authorizes Stock Repurchase Program
DALLAS - Sept. 10, 1998 - Trinity Industries Inc. (NYSE: TRN) announced
today that its board of directors has authorized a stock repurchase
program under which up to 10 percent of the company's common stock could
be repurchased over time. The company said this is its first-ever stock
buy-back program.
Timothy R. Wallace, president and chief operating officer of Trinity,
said, "Given our strong performance and impressive prospects moving forward,
we believe this repurchase program -- particularly at the current stock
price -- is a very attractive way to enhance shareholder value. Considering
the strong demand that we continue to see in the railcar industry,
we are confident this is the right time to initiate a repurchase program."
At June 30, 1998, Trinity Industries Inc. had 43.5 million shares of
common stock outstanding.
Trinity industries Inc., with headquarters in Dallas, Texas, is one of
the nation's leading diversified industrial manufacturers. Trinity
principally operates in three business segments: Transportation Products,
Construction Products and Industrial Products.
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