8-K

 

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): November 12, 2009

Nash-Finch Company
__________________________________________
(Exact name of registrant as specified in its charter)

Delaware	0-785	41-0431960
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)
7600 France Avenue South, Edina, Minnesota		55435
_________________________________ (Address of principal executive offices)		___________ (Zip Code)

Registrant’s telephone number, including area code: 952-832-0534

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))

Item 8.01 Other Events.

On November 12, 2009, Nash Finch Company issued a press release announcing that the Board of Directors approved a share repurchase program authorizing the Company to spend up to $25 million dollars to purchase shares of the Company's common stock. The program will take effect as soon as administratively practicable, but no earlier than November 16, 2009, and will continue until December 31, 2010. The press release by which this program was announced is furnished herewith as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(d) 99.1 Press release issued by Nash Finch Company on November 12, 2009, announcing stock repurchase program.

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.

	Nash-Finch Company
November 12, 2009	By:	/s/ Robert B. Dimond
		Name: Robert B. Dimond
		Title: Executive Vice President and Chief Financial Officer

Exhibit Index

Exhibit No.	Description
99.1	Press Release issued by the registrant, dated November 12, 2009

EX-99.1

Nash Finch Company
EXECUTIVE OFFICES

PO BOX 355, MINNEAPOLIS, MINNESOTA 55440-0355

NEWS

RELEASE

NASH FINCH COMPANY BOARD OF DIRECTORS
AUTHORIZES A STOCK REPURCHASE PLAN

MINNEAPOLIS (November 12, 2009) — Nash Finch Company (Nasdaq:NAFC), a leading national food retailer and distributor, today announced that on November 10, 2009 its Board of Directors approved a share repurchase program authorizing the Company to spend up to Twenty Five Million Dollars ($25,000,000) to purchase shares of the Company’s common stock. The program will take effect as soon as administratively practicable, but no earlier than November 16, 2009, and will continue until December 31, 2010.

“We are pleased with this authorization to buy back shares and intend to use the same opportunistic approach we used in late 2007 — 2008 when our last share buy back program was in place,” said Alec Covington, Nash Finch CEO and President. “While the economic environment has proved challenging, we continue to generate superior free cash flow results. Our debt levels have fallen below our target range and due to the low cost of debt we currently enjoy, and the importance of maintaining a lower over all cost of capital through proper leverage, we believe a share buy back program is an excellent way to generate value for our investors. We feel this program will not compromise our ability to invest in our business and pursue accretive acquisitions when an opportunity arises,” Covington continued.

Nash Finch Company is a Fortune 500 company and one of the leading food distribution companies in the United States. Nash Finch’s core business, food distribution, serves independent retailers and military commissaries in 36 states, the District of Columbia, Europe, Cuba, Puerto Rico, the Azores and Egypt. The Company also owns and operates a base of retail stores, primarily supermarkets under the Econofoods®, Family Thrift Center®, AVANZA®, Family Fresh Market® and Sun Mart® trade names. Further information is available on the Company’s website at www.nashfinch.com.

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Contact: Bob Dimond, 952-844-1060