-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WddRfBejLSrYdgCwlWQJ+9zZUdSqL29X834uuaIpOwNTpIif05TZiERQY5BbX772 WmNFlxX3Yg8I9KE4fjijfA== 0000103595-10-000008.txt : 20101203 0000103595-10-000008.hdr.sgml : 20101203 20101203111406 ACCESSION NUMBER: 0000103595-10-000008 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101203 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20101203 DATE AS OF CHANGE: 20101203 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: 101230324 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 villagespecialdividend.txt VILLAGE SUPER MARKET, INC. DECLARES SPECIAL DIVIDENDS 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 DIVIDENDS Contact: Kevin Begley, CFO (973) 467-2200, Ext. 220 Kevin.Begley@wakefern.com Springfield, New Jersey - December 3, 2010 - The Board of Directors of Village Super Market, Inc. (NSD-VLGEA) announced the declaration of a special dividend of $1.25 per Class A common share and $.8125 per Class B common share. The dividends will be payable on December 28, 2010 to shareholders of record at the close of business on December 15, 2010. James Sumas, Chairman of the Board and Chief Executive Officer, commented "The Board has declared these dividends now in order to provide a return to our shareholders in 2010, instead of 2011, while tax rates on dividends remain low. The Board's current intention is to pay quarterly dividends in 2011 in a range of $.06 - $.12 per Class A share ($.039 - $.078 per Class B share). The Board will reconsider dividend policy and other methods of providing returns to shareholders in 2012 based on a variety of factors, including tax rates on dividends and capital gains in effect at that time. The Board is pleased to demonstrate to our investors our ongoing commitment to enhancing shareholder value. After paying the estimated $14 million of special 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 26 supermarkets under the ShopRite name in New Jersey and eastern Pennsylvania. -----END PRIVACY-ENHANCED MESSAGE-----