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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) February 8, 2005
RESOURCES CONNECTION, INC.
Delaware 0-32113 33-0832424
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
695 Town Center Drive, Suite 600, Costa Mesa, California 92626
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (714) 430-6400
Not applicable
(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))
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ITEM 8.01 - OTHER EVENTS
On February 8, 2005, Resources Connection, Inc. announced that its Board
of Directors declared a two-for-one stock split of its common stock ("Common
Stock"), to be effected in the form of a 100 percent stock dividend.
Stockholders of record on February 18, 2005 (the "Record Date") will receive a
stock dividend of one share of Common Stock for each one share of Common Stock
held on the Record Date. The distribution date for this stock dividend will be
on or about March 1, 2005.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
Exhibits
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99.1 Text of press release dated February 8, 2005, titled
"Resources Connection, Inc. Announces Stock Split".
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.
RESOURCES CONNECTION, INC.
Date: February 8, 2005
By: /s/ Donald B. Murray
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Donald B. Murray
Chief Executive Officer
Exhibit 99.1
RESOURCES CONNECTION, INC. ANNOUNCES STOCK SPLIt
COSTA MESA, Calif., Feb. 8 /PRNewswire-FirstCall/ -- Resources Connection,
Inc. (Nasdaq: RECN) today announced that its board of directors has declared a
2 for 1 split of its common stock.
The Company's operating subsidiary, Resources Global Professionals, provides
experienced accounting and finance, risk management and internal audit,
information management, human resources, supply chain management and legal
professionals to clients on a project basis.
"The Company's stock price has risen greatly from our initial public
offering and the Company's Board wants to make it more affordable while
increasing trading liquidity," said Donald B. Murray, Chairman and CEO. "This 2
for 1 stock split will not only provide potentially greater liquidity and
potentially less volatility, but will also enable the stock to be more
accessible and attractive to a broader range of investors, including our
employees."
The 2 for 1 split will be effected in the form of a stock dividend.
Stockholders of record as of the close of business on February 18, 2005, will be
issued one additional share for each share of common stock held on the record
date, with a distribution date of March 1, 2005. The stock split will increase
the number of shares outstanding from approximately 23,775,000 shares to
approximately 47,550,000 shares.
ABOUT RESOURCES GLOBAL PROFESSIONALS
Resources Global Professionals is an international professional services
firm that provides accounting and finance, human capital, information
management, supply chain management, internal audit/risk management, and legal
services on a project basis. The Company was originated as part of Deloitte in
North America. Its legacy in Europe is from Ernst & Young and in Asia Pacific
from Deloitte Touche Tohmatsu Australia and Deloitte Touche Tohmatsu Taiwan. In
addition to its project professional services, Resources Global Professionals
has established itself as a leading business services provider for companies
seeking independent and cost effective assistance for meeting or complying with
many of the complex business and regulatory issues in today's marketplace.
Headquartered in Costa Mesa, California, the Company operates from more than
60 worldwide offices. The U.S. client portfolio boasts more than 30 of the
Fortune 50 companies. The company was recently named to Forbes 200 Best Small
Companies list for the third consecutive year. More information about the
company is available at http://www.resourcesglobal.com.
SOURCE Resources Connection, Inc.
-0- 02/08/2005
/CONTACT: Stephen Giusto, Chief Financial Officer of Resources
Connection, Inc., +1-714-430-6400/
/Web site: http://www.resourcesglobal.com /