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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): September 26, 2007
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WORTHINGTON INDUSTRIES, INC.
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(Exact Name of Registrant as Specified in Charter)
Ohio 1-8399 31-1189815
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
200 Old Wilson Bridge Road, Columbus, Ohio 43085
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (614) 438-3210
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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))
Item 8.01 Other Events
On September 26, 2007, Worthington Industries, Inc. (the "Company") announced
that its Board of Directors authorized the repurchase of up to an additional ten
million of its outstanding common shares. A prior authorization to repurchase
ten million shares dated June 13, 2005, has 1,370,800 shares remaining on it,
making the total authorized to be 11,370,800 shares, or approximately 14% of the
outstanding common shares. The purchases may occur from time to time, on the
open market or in private transactions, with consideration given to the market
price of the common shares, the nature of other investment opportunities, cash
flow from operations and general economic conditions. A copy of the news release
announcing the share repurchase authorization is included with this Current
Report on Form 8-K as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(a) - (c) Not applicable.
(d) Exhibits:
99.1 News Release issued by Worthington Industries, Inc.
on September 26 2007
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.
WORTHINGTON INDUSTRIES, INC.
Date: September 26, 2007
By: /s/Dale T. Brinkman
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Dale T. Brinkman, Vice President-Administration,
General Counsel and Secretary