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EX-99.1 - EXHIBIT 99.1 - INTERNATIONAL SPEEDWAY CORPa111016sharerepurchaserele.htm


 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 14, 2016
 __________________________________ 
INTERNATIONAL SPEEDWAY
CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
__________________________________ 
Florida
 
000-02384
 
59-0709342
(State or Other Jurisdiction
of Incorporation)
 
(Commission File Number)
 
(IRS Employer
Identification No.)
 
 
One Daytona Boulevard, Daytona Beach, Florida
 
32114
(Address of Principal Executive Offices)
 
(Zip Code)
(386) 254-2700
(Registrant’s Telephone Number, 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:
¨
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 240.14-12)
¨
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))

 






Section 7 – Regulation FD
 
Item 7.01
Regulation FD Disclosure
Section 8 – Other Items
 
Item 8.01
Other Items
On November 10, 2016, the Company issued a press release which announced that its Board of Directors has authorized an additional $200.0 million to the Company’s current Stock Purchase Plan (“Plan”), bringing the total authorized stock purchases under the Plan to $530.0 million. Since inception of the Plan in 2006, the Company has purchased approximately 8.7 million of Class A Common Shares for a total of $323.4 million.
A copy of the release is attached as an exhibit to this report.
Section 9 – Financial Statements and Exhibits
 
Item 9.01
Financial Statements and Exhibits
 
 
Exhibit Number
 
Description of
Exhibit
 
Filing Status
 
 
 
 
 
 
 
2
 
(99.1)
 
Press Release
 
Attached herewith








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.
 
 
 
 
 
INTERNATIONAL SPEEDWAY
CORPORATION
(Registrant)
 
 
 
 
November 14, 2016
 
 
 
By:
 
/s/ Brett M. Scharback
 
 
 
 
 
 
Brett M. Scharback
 
 
 
 
 
 
Vice President - Deputy General Counsel