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):  August 31, 2004

 

ADESA, INC.

(Exact name of Registrant as specified in its charter)

 

 

13085 Hamilton Crossing Boulevard

Carmel, Indiana 46032

(Address of principal executive offices)

(Zip Code)

 

(800) 923-3725

(Registrant’s telephone number, including area code)

 

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:

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))

 

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o 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 August 31, 2004, ADESA, Inc. (the “Company”) issued a press release announcing that its Board of Directors has approved the repurchase of up to $130 million of ADESA common stock.  ADESA anticipates that repurchases will commence after the Company releases its third quarter earnings results in October.

 

A copy of this press release is being furnished as an exhibit to this report on Form 8-K and incorporated by reference herein.

 

Item 9.01                                             FINANCIAL STATEMENTS AND EXHIBITS

 

EXHIBIT NO.		DESCRIPTION OF EXHIBIT
99.1		Press release dated August 31, 2004 – “ADESA Board Authorizes $130 Million Share Repurchase Program.”

 

 

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, thereunto duly authorized.

 

 

Dated: August 31, 2004	ADESA, INC.
	/s/ Cameron C. Hitchcock
	Cameron C. Hitchcock
	Executive Vice President and Chief
	Financial Officer

 

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