0001096906-12-002959.txt : 20121129 0001096906-12-002959.hdr.sgml : 20121129 20121129163945 ACCESSION NUMBER: 0001096906-12-002959 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20121129 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20121129 DATE AS OF CHANGE: 20121129 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VILLAGE SUPER MARKET INC CENTRAL INDEX KEY: 0000103595 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] IRS NUMBER: 221576170 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33360 FILM NUMBER: 121232232 BUSINESS ADDRESS: STREET 1: 733 MOUNTAIN AVE CITY: SPRINGFIELD STATE: NJ ZIP: 07081 BUSINESS PHONE: 2014672200 MAIL ADDRESS: STREET 1: 733 MOUNTAIN AVE CITY: SPRINGFIELD STATE: NJ ZIP: 07081 8-K 1 village8k.htm VILLAGE SUPER MARKET, INC.FORM 8-K village8k.htm


SECURITIES & EXCHANGE COMMISSION
WASHINGTON, D.C.

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report: November 29, 2012

VILLAGE SUPER MARKET, INC.
(Exact Name of Registrant as specified in its charter)

 
 New Jersey   0-2633   22-1576170
 (State or Other jurisdiction  of incorporation)    (Commission File No.)    (I.R.S. Employer Identification No.)
 
 
733 Mountain Avenue
Springfield, New Jersey  07081
(Address of principal executive offices)

Registrant’s telephone number, including area code
(973) 467-2200

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 (see General Instruction A.2. below):

[  ]  Written communication 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 November 29 , 2012, the Company announced that its Board of Directors declared a special dividend of $1.00 per Class A common share and $.65 per Class B common share.  In addition, the Board declared regular quarterly cash dividends of $0.25 per Class A common share and $.1625 per Class B common share.  Both the special and regular quarterly dividends will be payable on December 27, 2012 to shareholders of record at the close of business on December 12, 2012.
 
 
Item 9.01 Financial Statements and Exhibits

Exhibit No.                       Description

  99.1                                 Press release issued by the registrant, dated November 29, 2012


 
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 hereunto duly authorized.


 
    By:    s/s Kevin Begley
     Name:   Kevin Begley
     Title:     Chief Financial Officer
 
  

EX-99.1 2 exhibit99-1.htm PRESS RELEASE 11/29/2012 exhibit99-1.htm
EXHIBIT 99.1



VILLAGE SUPER MARKET, INC.
EXECUTIVE OFFICES
733 Mountain Avenue
Springfield, New Jersey 07081
Phone:  (973) 467-2200
Fax:  (973) 467-6582




VILLAGE SUPER MARKET, INC.
DECLARES SPECIAL AND REGULAR QUARTERLY DIVIDENDS


 
 Contact:   Kevin Begley, CFO
   (973) 467-2200, Ext. 220
   Kevin.Begley@wakefern.com
 
                     
Springfield, New Jersey – November 29, 2012 – The Board of Directors of Village Super Market, Inc. (NSD-VLGEA) announced the declaration of special dividends of $1.00 per Class A common share and $.65 per Class B common share.  In addition, the Board declared regular quarterly dividends of $.25 per Class A common share and $.1625 per Class B common share. Both the special and regular quarterly dividends will be payable on December 27, 2012 to shareholders of record at the close of business on December 12, 2012.

James Sumas, Chairman of the Board and Chief Executive Officer, commented “The Board has declared the special dividend, and scheduled the payment of our regular quarterly dividend in December rather than January, in order to provide a return to our shareholders in 2012 while tax rates on dividends remain low. The Board’s current intention is to continue to pay quarterly dividends in 2013 at the most recent rate of $.25 per Class A share and $.1625 per Class B share. The Board is pleased to demonstrate to our investors our ongoing commitment to enhancing shareholder value.  After paying the estimated $15 million of dividends from cash on hand, the Company’s balance sheet remains strong with ample resources to manage our business and sufficient flexibility for strategic initiatives.”

Village Super Market operates a chain of 29 supermarkets under the ShopRite name in New Jersey, Maryland and eastern Pennsylvania.