Key Developments For Nash-Finch Company
Nash-Finch Company (NAFC.O) (Nasdaq)
Nash Finch Company Board of Directors Authorizes Stock Repurchase Plan
Nash Finch Company announced that on November 10, 2009, its Board of Directors approved a share repurchase program authorizing the Company to spend up to ($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.
Nash Finch Company Announces Quarterly Dividend
Nash Finch Company announced that its Board of Directors has declared a regular quarterly cash dividend of $0.18 per share of common stock. The dividend is payable December 4, 2009 to shareholders of record at the close of business on November 20, 2009.
Nash Finch Company And Roundy's Supermarkets, Inc. Settle Lawsuit Concerning Nash Finch's 2005 Acquisition of Two Roundy's Distribution Centers
Nash Finch Company announced that it has entered into a settlement agreement with Roundy's Supermarkets, Inc. that resolves the lawsuit filed in 2008 related to Nash Finch's 2005 acquisition of two Roundy's Distribution Centers. Under the terms of the settlement, Nash Finch and Roundy's Supermarkets agreed to dismiss their claims against the other, in exchange for a release of claims. Neither Nash Finch nor Roundy's Supermarkets is required to make any payments to the other under the terms of the settlement agreement.
Nash Finch Company Comments On Q3 2009 EBITDA Outlook-Conference Call
Nash Finch Company announced that for the third quarter of 2009, it expects a year over year EBITDA improvement. According to Reuters Estimates, analysts on an average are expecting the Company to report EBITDA of $43 million for the third quarter of 2009.
Nash Finch Company Announces Quarterly Dividend
Nash Finch Company announced that its Board of Directors has declared a regular quarterly cash dividend of $0.18 per share of common stock. The dividend is payable September 4, 2009 to shareholders of record at the close of business on August 21, 2009.
