0001003078-17-000231.txt : 20171025 0001003078-17-000231.hdr.sgml : 20171025 20171024173734 ACCESSION NUMBER: 0001003078-17-000231 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20171024 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20171025 DATE AS OF CHANGE: 20171024 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MSC INDUSTRIAL DIRECT CO INC CENTRAL INDEX KEY: 0001003078 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-INDUSTRIAL MACHINERY & EQUIPMENT [5084] IRS NUMBER: 113289165 STATE OF INCORPORATION: NY FISCAL YEAR END: 0827 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14130 FILM NUMBER: 171151696 BUSINESS ADDRESS: STREET 1: 75 MAXESS RD CITY: MELVILLE STATE: NY ZIP: 11747 BUSINESS PHONE: 516-812-2000 MAIL ADDRESS: STREET 1: 75 MAXESS ROAD CITY: MELVILLE STATE: NY ZIP: 11747 8-K 1 msm-20171024x8k.htm 8-K 8-K Dividend





 

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): October 24, 2017







  



MSC Industrial Direct Co., Inc.

(Exact Name of Registrant as Specified in Its Charter)

 



 

 

New York

1-14130

11-3289165

(State or other jurisdiction of

incorporation)

(Commission File Number)

(IRS Employer Identification No.)







 

 

 

 

75 Maxess Road, Melville, New York

11747

(Address of principal executive offices)

(Zip Code)



 

 

Registrant’s telephone number, including area code: (516) 812-2000



 

 



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))



Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).



Emerging growth company



If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.



 



 


 





 

 

 

ITEM 8.01

OTHER EVENTS



On October 24, 2017, MSC Industrial Direct Co., Inc. (the “Company”) issued a press release announcing that its Board of Directors has declared a cash dividend of $0.48 per share on the common stock of the Company.  A copy of the press release is attached as Exhibit 99.1 and is incorporated by reference herein.  





 

 

 

ITEM 9.01

FINANCIAL STATEMENTS AND EXHIBITS



 

(d) Exhibits:

 

99.1 

Press Release, dated October 24,  2017, issued by MSC Industrial Direct Co., Inc.



-2-

 


 





 

 

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.

 



 

 

 

MSC INDUSTRIAL DIRECT CO., INC.

 

 

Date: October 24, 2017

By:

/s/ Rustom Jilla

 

Name:

Rustom Jilla

 

Title:

Executive Vice President and Chief

Financial Officer

-3-

 


 

 Exhibit Index







 

Exhibit No.

 

Description

99.1

Press Release, dated October 24, 2017, issued by MSC Industrial Direct Co., Inc.



-4-

 


EX-99.1 2 msm-20171024xex99_1.htm EX-99.1 Exhibit 991 Dividend

 

 

Exhibit 99.1

Picture 5

 

 





 

 

 

 

NEWS

 

 



 



 

 

 

 

Media Contact:

 

 

 

Investor Contact:

Paul Mason

 

 

 

John G. Chironna

MSC Industrial Supply Co.

 

 

 

MSC Industrial Supply Co.

(704) 987-5313

 

 

 

(704) 987-5231

paul.mason@mscdirect.com

 

 

 

chironnj@mscdirect.com





MSC DECLARES 6.7% INCREASE IN REGULAR QUARTERLY DIVIDEND



MELVILLE, NY and DAVIDSON, NC, October 24, 2017 - MSC INDUSTRIAL SUPPLY CO. (NYSE: MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that its Board of Directors has declared a cash dividend of $0.48 per share, representing a 6.7% increase from $0.45 per share, in the regular quarterly dividend. The $0.48 dividend is payable on November 28, 2017 to shareholders of record at the close of business on November 14, 2017. The ex-dividend date is November 13, 2017.



About MSC

MSC Industrial Supply Co. (NYSE:MSM) is a leading North American distributor of metalworking and maintenance, repair, and operations (MRO) products and services. We help our customers drive greater productivity, profitability and growth with more than 1 million products, inventory management and other supply chain solutions, and deep expertise from over 75 years of working with customers across industries.



Our experienced team of more than 6,000 associates is dedicated to working side by side with our customers to help drive results for their businesses - from keeping operations running efficiently today to continuously rethinking, retooling, and optimizing for a more productive tomorrow.



For more information on MSC, please visit mscdirect.com.



# # #

Note Regarding Forward-Looking Statements: Statements in this Press Release may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, including statements about expected future results, expected benefits from our investment and strategic plans, and expected future margins, are forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The inclusion of any statement in this release does not constitute an admission by MSC or any other person that the events or circumstances described in such statement are material. Factors that could cause actual results to differ materially from those in forward-looking statements include: general economic conditions in the markets in which we operate, current economic, political and social conditions, changing customer and product mixes, competition, including the adoption by competitors of aggressive pricing strategies and sales methods, industry consolidation, volatility in commodity and energy prices,

75 Maxess Road, Melville, New York 11747  |  525 Harbour Place Drive, Davidson, NC 28036  |  mscdirect.com

 

 


 

 

 

Exhibit 99.1

Picture 5

 

 

credit risk of our customers, risk of cancellation or rescheduling of orders, work stoppages or other

business interruptions (including those due to extreme weather conditions) at transportation centers or shipping ports, financial restrictions on outstanding borrowings, dependence on our information systems and the risk of business disruptions arising from changes to our information systems, disruptions due to computer system or network failures, computer viruses, physical or electronics break-ins and cyber-attacks, the inability to successfully manage the upgrade of our core financial systems, the loss of key suppliers or supply chain disruptions, problems with successfully integrating acquired operations, opening or expanding our customer fulfillment centers exposes us to risks of delays, the risk of war, terrorism and similar hostilities, dependence on key personnel, goodwill and intangible assets recorded as a result of our acquisitions could be impaired, and the outcome of potential government or regulatory proceedings or future litigation relating to pending or future claims, inquiries or audits. Additional information concerning these and other risks is described under "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the reports on Forms 10-K and 10-Q that we file with the U.S. Securities and Exchange Commission. We assume no obligation to update any of these forward-looking statements.

75 Maxess Road, Melville, New York 11747  |  525 Harbour Place Drive, Davidson, NC 28036  |  mscdirect.com

 

 


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