-----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, K5LqyVug9Rg308MuD4h7lKUlzHOjZrIc78DNN4f7RW0ISKQ9EpBJ1fuYN9cqTVN9 WdR0KroRndn13/xcJ9zpWw== 0000950152-05-004659.txt : 20050523 0000950152-05-004659.hdr.sgml : 20050523 20050523103157 ACCESSION NUMBER: 0000950152-05-004659 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050520 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050523 DATE AS OF CHANGE: 20050523 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MONRO MUFFLER BRAKE INC CENTRAL INDEX KEY: 0000876427 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AUTOMOTIVE REPAIR, SERVICES & PARKING [7500] IRS NUMBER: 160838627 STATE OF INCORPORATION: NY FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-19357 FILM NUMBER: 05849900 BUSINESS ADDRESS: STREET 1: 200 HOLLEDER PKWY CITY: ROCHESTER STATE: NY ZIP: 14615-3808 BUSINESS PHONE: 7166476400 8-K 1 l14124ae8vk.htm MONRO MUFFLER BRAKE, INC. 8-K Monro Muffler Brake, Inc. 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):

May 20, 2005

MONRO MUFFLER BRAKE, INC.

(Exact name of registrant as specified in its charter)
         
New York   0-19357   16-0838627
 
(State of Incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)
     
200 Holleder Parkway, Rochester, New York   14615
 
(Address of Principal Executive Offices)   (Zip Code)
     
Registrant’s telephone number, including area code   (585) 647-6400
 

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 (see General Instruction A.2. below):

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

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

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 May 20, 2005, the Company issued a press release announcing that its Board of Directors has adopted a dividend policy. Under the policy, the Board declared a cash dividend of $0.05 per share payable on July 29, 2005 to shareholders of record on July 19, 2005, and announced that it intends to continue to pay quarterly dividends at an annual rate of $0.20 per share. A copy of the press release is attached.

Item 9.01       Financial Statements and Exhibits

  (a)   Not applicable.
 
  (b)   Not applicable.
 
  (c)   The following is a list of exhibits furnished with this Current Report on Form 8-K:

     
Exhibit No.
  Description
 
   
99.1
  Press Release dated May 20, 2005.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

             
 
  MONRO MUFFLER BRAKE, INC.
 
 
(Registrant)
           
May 23, 2005
  By:   /s/ John W. Van Heel    
           
 
  John W. Van Heel
 
  Vice President-Finance

 

EX-99.1 2 l14124aexv99w1.htm EX-99.1 PRESS RELEASE DATED MAY 20, 2005 Exhibit 99.1
 

Exhibit 99.1

CONTACT:   Robert Gross
President and Chief Executive Officer
(585) 647-6400
 
    Catherine D’Amico
EVP of Finance and Chief Financial Officer
(585) 647-6400
 
    Investor Relations:
Cara O’Brien/Melissa Myron
Media: Melissa Merrill
Financial Dynamics
(212) 850-5600

FOR IMMEDIATE RELEASE

MONRO MUFFLER BRAKE, INC. INITIATES QUARTERLY CASH DIVIDEND

      ROCHESTER, N.Y. – May 20, 2005 – Monro Muffler Brake, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced that its Board of Directors has approved the Company’s initiation of a quarterly cash dividend of $0.05 per share on the Company’s outstanding shares of common stock. The plan approved by the Board anticipates a total annual dividend of $0.20 per common share. The first quarterly cash dividend is payable on July 29, 2005 to shareholders of record at the close of business on July 19, 2005.

      Robert G. Gross, President and Chief Executive Officer, stated, “The decision to initiate a dividend program not only reflects our commitment to enhance shareholder value and encourage long-term investment in Monro Muffler, but also underscores our confidence in the future prospects of the Company. Our strong financial position and cash generation provide us the flexibility to pay dividends while simultaneously continuing to invest in growing our business. We’re pleased to be able to return a portion of our earnings to our shareholders without compromising our ability to pursue acquisitions and organic growth opportunities.”

      While the Company intends to pay regular quarterly cash dividends for the foreseeable future, the declaration and payment of future dividends are discretionary and will be subject to determination by the Board of Directors each quarter after its review of the Company’s financial performance.

 


 

      Monro Muffler Brake operates a chain of stores providing automotive undercar repair and tire services in the United States, operating under the brand names of Monro Muffler Brake and Service, Speedy Auto Service by Monro, Mr. Tire and Tread Quarters Discount Tires. The Company currently operates 625 stores and has 16 dealer locations in New York, Pennsylvania, Ohio, Connecticut, Massachusetts, West Virginia, Virginia, Maryland, Vermont, New Hampshire, New Jersey, North Carolina, South Carolina, Indiana, Rhode Island, Delaware, Maine and Michigan. Monro’s stores provide a full range of services for exhaust systems, brake systems, steering and suspension systems, tires and many vehicle maintenance services.

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