nksh20160511_8k.htm

 

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) May 11, 2016 (May 11, 2016)

 

National Bankshares, Inc.

(Exact name of Registrant as specified in its charter)

 

 

Virginia

0-15204

54-1375874

(State or other jurisdiction of incorporation or organization)

(Commission File No.)

(I.R.S. Employer Identification No.)

 

 

 

101 Hubbard Street

Blacksburg, VA 24060

(Address of principal executive offices)

 

(540) 951-6300

(Registrant’s telephone number, including area code)

 

(Former name or former address, if changed since last report) Not applicable

 

 

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 (see General Instruction A.2. below):

 

☐     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))

 

 
 
 

 

ITEM 8.01.     OTHER EVENTS

 

On May 11, 2016, National Bankshares, Inc. issued a press release announcing payment of a semi-annual cash dividend of $0.55 per share on June 1, 2016 to stockholders of record on May 23, 2016.

 

National Bankshares, Inc.’s press release also announced the renewal of the authorization of a stock repurchase plan under which the Company’s management is authorized to repurchase up to 100,000 shares of common stock in the open market during the period from June 1, 2016 through May 31, 2017.

 

 A copy of the press release is attached as Exhibit 99.1.


 

ITEM 9.01.  FINANCIAL STATEMENTS AND EXHIBITS

 

(d)  Exhibits

 

99.1     National Bankshares, Inc. Press Release, dated May 11, 2016.

 

 

 

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 11, 2016

 

 

 

 

By:

/s/ JAMES G. RAKES

 

 

James G. Rakes

 

 

Chairman President and CEO

 

 

 

 

 

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