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
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Date of Report: May 10, 2006 Commission File Number: 0-15204
National Bankshares, Inc.
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(Exact name of Registrant as specified in its charter)
Virginia 54-1375874
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(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
101 Hubbard Street
Blacksburg, VA 24060
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(Address of principal executive offices)
Registrant's telephone number, including area code (540) 951-6300
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Page 1 of 2 Pages
ITEM 7.01 REGULATION FD DISCLOSURE
The following information and exhibit is being furnished pursuant to Regulation
FD
National Bankshares, Inc, issued a press release on May 10, 2006, announcing
that its Board of Directors has declared a semi-annual dividend of $0.36 per
share payable on June 1, 2006 to stockholders of record as of May 19, 2006. The
press release further announced the renewal of a stock repurchase plan under
which the Company's management is authorized to repurchase up to 100,000 of
common stock in the open market in the period from June 1, 2006 through May 31,
2007.
Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(a) Exhibits
99.1 National Bankshares, Inc. press release dated May 10, 2006.
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
NATIONAL BANKSHARES, INC.
Date: May 10, 2006 By: /s/ JAMES G. RAKES
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James G. Rakes
Chairman
President and Chief Executive Officer
Page 2 of 2 Pages