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):
November 11, 2004
MANNATECH, INCORPORATED
(Exact Name of Registrant as Specified in its Charter)
| Texas | 000-24657 | 75-2508900 | ||
| (State or other Jurisdiction of Incorporation or Organization) |
(Commission File Number) | (I.R.S. Employer Identification No.) |
600 S. Royal Lane, Suite 200
Coppell, Texas 75019
(Address of Principal Executive Offices, including Zip Code)
Registrant’s Telephone Number, including Area Code: (972) 471-7400
Item 8.01. Other Events.
On November 11, 2004, Mannatech, Incorporated issued a press release announcing its declaration of a cash dividend payable on January 10, 2005 to shareholders of record at the close of business on December 1, 2004. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference into this Item 8.01.
Item 9.01 Financial Statements and Exhibits.
| (a) | Financial Statements or Business Acquired. |
None.
| (b) | Pro Forma Financial Information. |
None.
| (c) | Exhibits. |
| Number |
Exhibit | |
| 99.1* | Press release dated November 11, 2004 entitled “Mannatech, Incorporated Declares Dividend.” | |
*Filed herewith.
[SIGNATURE PAGE TO FOLLOW]
SIGNATURE
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.
| MANNATECH, INCORPORATED | ||||||||
| Dated: November 15, 2004 |
By: | /s/ Stephen D. Fenstermacher | ||||||
| Name: |
Stephen D. Fenstermacher | |||||||
| Title: |
Senior Vice President and Chief Financial Officer | |||||||
EXHIBIT INDEX
| Exhibit Number |
Exhibit | |
| 99.1* | Press release dated November 11, 2004 entitled “Mannatech, Incorporated Declares Dividend.” | |
*Filed herewith.
Exhibit 99.1
Mannatech, Incorporated Declares Dividend
Coppell, TX – November 11, 2004 – Mannatech, Incorporated (NASDAQ – MTEX) today announced that its Board of Directors declared a cash dividend for the quarter of $0.07 per share payable on Monday, January 10, 2005 to shareholders of record at the close of business on Wednesday, December 1, 2004. This is the third dividend declared by the Board of Directors this year. The declaration follows this week’s record sales and earnings announcement of $0.25 fully-diluted earnings per share for the third quarter; the highest in the company’s ten year history. The dividend reflects Mannatech’s growth in earnings as well as its commitment to encourage long term investment in its common stock.
Sam Caster, Chairman and CEO said, “We intend to closely examine our results each quarter of the coming year for the possibility of declaring dividends as an effective method of enhancing shareholder value. Our Board of Directors is impressed with our recent record-setting results, and we hope our shareholders are pleased as well.”
About Mannatech, Incorporated
Mannatech, based in Coppell, Texas, is a wellness solution provider that sells its products through a global network-marketing system throughout the United States and the international markets of Canada, Australia, the United Kingdom, Japan, New Zealand, and South Korea. Additional information about Mannatech can be found at its corporate website: www.mannatech.com.
Please note: This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by use of phrases or terminology such as “continued commitment,” “believes,” “intends,” and “the possibility,” or other similar words or the negative of such terminology. Similarly, descriptions of Mannatech’s objectives, strategies or plans contained herein are also considered forward-looking statements. Mannatech believes this release should be read in conjunction with all of its filings with the SEC and cautions its readers that these forward-looking statements are subject to certain events, risks, uncertainties, and other factors all of which are difficult to predict and many of which are beyond Mannatech’s control. Although Mannatech believes that its expectations, statements, and assumptions reflected in these forward-looking statements are reasonable, it cautions its readers to always consider the risk factors and other cautionary statements set forth in Mannatech’s latest Annual Report on Form 10-K, and other filings filed with the SEC, including its current reports on Form 8-K. All forward-looking statements contained herein speak only as of the date of this release.
Mannatech, Incorporated
Stephen Fenstermacher
972-471-6512
IR@mannatech.com