Form 8-K JEWETT CAMERON TRADING For: May 09
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 9, 2018
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JEWETT-CAMERON TRADING COMPANY LTD.
(Exact name of registrant as specified in its charter)
BRITISH COLUMBIA |
| 000-19954 |
| NONE |
(State or other jurisdiction of incorporation) |
| (Commission file no.) |
| (I.R.S. employer identification no.) |
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32275 N.W. Hillcrest, North Plains, Oregon |
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| 97133 |
(Address of principal executive offices) |
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(503) 647-0110
_________________________________________________________________
(Registrant's telephone No. including area code)
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 (see General Instruction A.2. below:
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Written communications pursuant to Rule 425 under the Securities Act (17 CRF 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 240.14e-4(c))
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Item 8.01 Other Events
The Jewett-Cameron Board of Directors approved a two-for-one split of the Company's common stock. Shareholders will receive one additional common share for each common share held as of the record date. The record date is the close of business on May 22, 2018, and the distribution of the new shares is scheduled for on or about May 25, 2018.
A copy of the news release dated May 9, 2018 is attached as exhibit 99.1 herein.
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Item 9.01 Financial Statements and Exhibits
Exhibit No.
Description
99.1
News release dated May 9, 2018.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.
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| JEWETT-CAMERON TRADING COMPANY LTD. |
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Date: May 9, 2018 |
| By: /s/ Charles Hopewell |
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| Name: Charles Hopewell, Title: President/Chief Executive Officer/ CFO/Director |
Jewett-Cameron Announces 2 for 1 Stock Split
North Plains, Oregon, May 9, 2018 The Board of Directors of Jewett-Cameron Trading Company Ltd. (NASDAQ: JCTCF) have approved a two-for-one split of the Company's common stock.
"We have completed several common share repurchase plans since our last stock split in 2013 that have reduced the number of common shares outstanding, said CEO Charlie Hopewell. This new stock split is expected to increase the liquidity and availability of our shares and could facilitate any new repurchase programs that may be approved by the Board of Directors in the future.
The record date for the two-for-one stock split is the close of business on May 22nd, with the distribution of new shares scheduled for on or about May 25th, 2018. As a result of the split, shareholders will receive one additional common share for each common share they hold as of the record date. The total number of common shares outstanding will increase from 2,234,494 to 4,468,988.
Jewett-Cameron Trading Company is a holding company that, through its subsidiaries (Jewett-Cameron Companies), operate out of facilities located in North Plains, Oregon. Those businesses consist of the manufacturing and distribution of patented and patent pending specialty metal products, wholesale distribution of wood products, seed processing and sales, and sales of industrial tools and clamps. The Companys brands include Lucky Dog, Animal House and AKC licensed products in the expanding pet market; fencing products under the Adjust-A-Gates, Fit-Right, Perimeter Patrol, and INFINITY Euro fence systems brands; Early Start, Spring Gardner, and Weatherguard for greenhouses; and TrueShade for patio umbrellas, furniture covers and canopies. Additional information about the Company and its products can be found the Companys website at www.jewettcameron.com.
Forward-looking Statements
The information in this release contains certain forward-looking statements that anticipate future trends and events. These statements are based on certain assumptions that may prove to be erroneous and are subject to certain risks, including but not limited to, the uncertainties of the Companys new product introductions, the risks of increased competition and technological change in the Companys industry, and other factors detailed in the Companys SEC filings. Accordingly, actual results may differ, possibly materially, from predictions contained herein.
Contact: Charlie Hopewell, President & CEO, (503) 647-0110
Source: Jewett-Cameron Trading Company Ltd.
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