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 (Date of earliest event reported): July 31, 2007 (July 31, 2007)
FORWARD AIR CORPORATION
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(Exact name of registrant as specified in its charter)
Tennessee 000-22490 62-1120025
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(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
430 Airport Road
Greeneville, Tennessee 37745
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (423) 636-7000
Not Applicable
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
|_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
SECTION 8. OTHER EVENTS.
Item 8.01. Other Events.
Attached as Exhibit 99.1 and incorporated herein by reference is a copy of
a press release, dated July 31, 2007, announcing that the Company's Board of
Directors has approved a stock repurchase program for up to two million shares
of the Company's common stock. The amount and timing of any repurchases will be
at such prices as determined by management of the Company. Share repurchases may
be commenced or suspended from time to time for any reason. The Company
currently has approximately 29.5 million shares of common stock outstanding.
Also, the attached press release announces that the Company's board has declared
a quarterly cash dividend of $0.07 per share of common stock. The dividend is
payable to the Company's shareholders of record at the close of business on
August 30, 2007, and is expected to be paid on September 14, 2007.
SECTION 9. FINANCIAL STATEMENTS AND EXHIBITS.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. The following exhibit is being furnished as part of this Report.
No. Exhibit
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99.1 Press Release of Forward Air Corporation
dated July 31, 2007.
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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.
FORWARD AIR CORPORATION
Date: July 31, 2007 By: /s/ Matthew J. Jewell
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Matthew J. Jewell
Senior Vice President, General Counsel
and Secretary
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EXHIBIT INDEX
No. Exhibit
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99.1 Press Release of Forward Air Corporation dated
July 31, 2007.