-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NpCMCq119b/2/NorEiTiVx1obGWWnkBwgo8YY/hv3AyQUmZRr0cXcKLuf4PWynLM wRMKb3tg0kF3BDfIUwb8WA== 0000796534-06-000033.txt : 20060510 0000796534-06-000033.hdr.sgml : 20060510 20060510170533 ACCESSION NUMBER: 0000796534-06-000033 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060510 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20060510 DATE AS OF CHANGE: 20060510 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL BANKSHARES INC CENTRAL INDEX KEY: 0000796534 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 541375874 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-15204 FILM NUMBER: 06827158 BUSINESS ADDRESS: STREET 1: PO BOX 90002 CITY: BLACKSBURG STATE: VA ZIP: 24062-9002 BUSINESS PHONE: 5405522011 MAIL ADDRESS: STREET 1: 100 SOUTH MAIN STREET STREET 2: PO BOX 90002 CITY: BLACKSBURG STATE: VA ZIP: 24062-9002 8-K 1 form8k.txt UNITED STATES 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: May 10, 2006 Commission File Number: 0-15204 National Bankshares, Inc. - -------------------------------------------------------------------------------- (Exact name of Registrant as specified in its charter) Virginia 54-1375874 - ------------------------------- ------------------------------------ (State or other jurisdiction of (I.R.S. Employer Identification No.) incorporation or organization) 101 Hubbard Street Blacksburg, VA 24060 - ---------------------------------------- (Address of principal executive offices) Registrant's telephone number, including area code (540) 951-6300 -------------- Page 1 of 2 Pages ITEM 7.01 REGULATION FD DISCLOSURE The following information and exhibit is being furnished pursuant to Regulation FD National Bankshares, Inc, issued a press release on May 10, 2006, announcing that its Board of Directors has declared a semi-annual dividend of $0.36 per share payable on June 1, 2006 to stockholders of record as of May 19, 2006. The press release further announced the renewal of a stock repurchase plan under which the Company's management is authorized to repurchase up to 100,000 of common stock in the open market in the period from June 1, 2006 through May 31, 2007. Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS (a) Exhibits 99.1 National Bankshares, Inc. press release dated May 10, 2006. SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. NATIONAL BANKSHARES, INC. Date: May 10, 2006 By: /s/ JAMES G. RAKES ------------------------------------ James G. Rakes Chairman President and Chief Executive Officer Page 2 of 2 Pages EX-99 2 ex99.txt PRESS RELEASE FOR IMMEDIATE RELEASE CONTACTS: James G. Rakes, President & CEO (540) 951-6236 J. Robert Buchanan, Treasurer (276) 979-0341 NATIONAL BANKSHARES, INC. ANNOUNCES SEMI-ANNUAL DIVIDEND AND RENEWAL OF STOCK REPURCHASE AUTHORIZATION BLACKSBURG, VA, MAY 10, 2006: NATIONAL BANKSHARES, INC. (Nasdaq SmallCap Market: NKSH) announced that its Board of Directors today approved payment on June 1, 2006 of a semi-annual dividend of $0.36 per share to stockholders of record as of May 19, 2006. In other business, the Board of Directors renewed its authorization of a stock repurchase plan in which management is authorized to purchase up to 100,000 shares of the Company's common stock on the open market. This authorization extends from June 1, 2006 to May 31, 2007. To date, National Bankshares, Inc. has repurchased 26,640 shares under the current stock repurchase plan that expires on May 31, 2006. The Company's management has not yet determined how many shares, if any, might be repurchased under the renewed stock repurchase plan. National Bankshares, Inc. is a financial holding company headquartered in Blacksburg, Virginia. It currently has two bank subsidiaries, The National Bank and Bank of Tazewell County, with a total of 26 office locations throughout Southwest Virginia. The Company also operates a non-bank subsidiary, National Bankshares Financial Services, Inc. Its stock trades on the Nasdaq Stock Market under the symbol "NKSH". Additional information is available on the Company web site at www.nationalbankshares.com. -----END PRIVACY-ENHANCED MESSAGE-----