REPUBLIC SERVICES, INC.
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 26, 2006
Republic Services, Inc.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
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1-14267
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65-0716904 |
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(Commission File Number)
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(IRS Employer Identification No.) |
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110 SE 6th Street, 28th Floor, Fort Lauderdale, Florida
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33301 |
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(Address of Principal Executive Offices)
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(Zip Code) |
(954) 769-2400
(Registrants Telephone Number, Including Area Code)
(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 (see General
Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13d-4(c))
ITEM 8.01 OTHER EVENTS
On July 26, 2006, Republic Services, Inc. issued a press release to announce its regular quarterly
dividend and an increase in its annual dividend program, a copy of which is incorporated herein by
reference and attached hereto as Exhibit 99.1.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
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Exhibit No.
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Description |
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99.1
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Press Release of the Company dated July 26, 2006 to announce its regular
quarterly dividend and an increase in its annual dividend program. |
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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.
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July 26, 2006 |
REPUBLIC SERVICES, INC.
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By: |
/s/ Tod C. Holmes
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Tod C. Holmes |
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Senior Vice President and
Chief Financial Officer
(Principal Financial Officer) |
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By: |
/s/ Charles F. Serianni
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Charles F. Serianni |
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Vice President and
Chief Accounting Officer
(Principal Accounting Officer) |
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EX-99.1 PRESS RELEASE
Exhibit 99.1
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REPUBLIC CONTACTS |
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Media Inquiries:
Investor Inquiries:
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Will Flower
Tod Holmes
Ed Lang
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(954) 769-6392
(954) 769-2387
(954) 769-3591 |
REPUBLIC SERVICES, INC. TO
INCREASE DIVIDEND BY 14 PERCENT
Fort Lauderdale, Fla., July 26, 2006 Republic Services, Inc. (NYSE: RSG) announced today
that its Board of Directors has approved a 14 percent increase in the Companys regular quarterly
dividend program from $0.14 per share to $0.16 per share. The quarterly dividend of $0.16 per
share will be paid on October 16, 2006 to shareholders of record on October 2, 2006.
This is the third consecutive annual increase of our dividend, said James E. OConnor, Chairman
and Chief Executive Officer of Republic Services, Inc. Our stockholders continue to benefit from
the Companys successes as our people remain focused on growing free cash flow and expanding
margins.
Republic Services, Inc. is a leading provider of solid waste collection, transfer and disposal
services in the United States. The Companys operating units are focused on providing solid waste
services for commercial, industrial, municipal and residential customers.
Certain statements and information included herein constitute forward-looking statements
within the meaning of the Federal Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve known and unknown risks, uncertainties and other factors which
may cause the actual results, performance, or achievements of the Company to be materially
different from any future results, performance, or achievements expressed or implied in or by such
forward-looking statements. Such factors include, among other things, whether the Companys
estimates and assumptions concerning its selected balance sheet accounts, final capping, closure,
post-closure and remediation costs, available airspace, and projected costs and expenses related to
the Companys landfills and property and equipment, and labor, fuel rates and economic and
inflationary trends, turn out to be correct or appropriate, and various factors that will impact
the actual business and financial performance of the Company such as competition and demand for
services in the solid waste industry; the Companys ability to manage growth; compliance with, and
future changes in, environmental regulations; the Companys ability to obtain approval from
regulatory agencies in connection with expansions at the Companys landfills; the ability to obtain
financing on acceptable terms to finance the Companys operations and growth strategy and for the
Company to operate within the limitations imposed by financing arrangements; the ability of the
Company to repurchase common stock at prices that are accretive to earnings per share; the
Companys dependence on key personnel; general economic and market conditions including, but not limited to, inflation and changes in commodity
pricing, fuel, labor and other variable costs that are generally not within the control of the
Company; dependence on large, long-term collection contracts; dependence on acquisitions for
growth; risks associated with undisclosed liabilities of acquired businesses; risks associated with
pending legal proceedings; and other factors contained in the Companys filings with the Securities
and Exchange Commission.
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