REPUBLIC SERVICES INC. FORM 8-K
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
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Date of report (Date of earliest event reported) |
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September 26, 2005
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(Exact Name of Registrant as Specified in Its Charter)
(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) |
(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):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b)) |
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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 September 26, 2005, Republic Services, Inc. issued a press release to announce information
regarding the impact of Hurricane Rita and affirming 2005 earnings guidance, a copy of which is
incorporated herein by reference and attached hereto as Exhibit 99.1.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(C) 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 September 26, 2005 to announce
information regarding the impact of Hurricane Rita and affirming 2005 earnings
guidance. |
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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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September 26, 2005 |
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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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. Provides Information
Regarding the Impact of Hurricane Rita
Company affirms 2005 earnings guidance
FORT LAUDERDALE, Fla., September 26, 2005 Republic Services, Inc. (NYSE:RSG) announced today that
the Companys operations in Southeast Texas were not significantly impacted by Hurricane Rita and
are fully operational.
Our trucks and facilities are all in working order and we are committed to helping with the
on-going clean up and rebuilding efforts, said James OConnor, Chairman and Chief Executive
Officer of Republic Services.
Also today, Republic affirmed its 2005 earnings guidance. On July 27, 2005, Republic Services
raised its 2005 earnings guidance from a range of $1.67 to $1.72 per share to a range of $1.70 to
$1.74 per share to reflect the performance of the Company and the current favorable economic
conditions in many of its Sunbelt state markets.
We remain confident in the earnings guidance that was provided in July 2005, said Mr. OConnor.
Our field organization continues to meet the challenge of higher fuel prices with fuel
surcharges.
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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