VILLAGE SUPER MARKET, INC. (NASDAQ:VLGEA) Files An 8-K Submission of Matters to a Vote of Security Holders

0

VILLAGE SUPER MARKET, INC. (NASDAQ:VLGEA) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders

The Company’s annual meeting of shareholders was held on December 13, 2019. The following persons were elected as directors to the following votes:
The shareholders approved a proposal to ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the 2020 fiscal year. The vote totals were as follows: For – 43,939,067; Against – 68,510; Abstain – 17,595.
The shareholders voted against a proposal to change from a plurality to a majority voting standard for uncontested director nominees. The vote totals were as follows: For – 7,178,602; Against – 35,256,488.
Item 8.01 Other Events
On December 13, 2019, the Company announced that its Board of Directors declared quarterly cash dividends of $0.25>per Class A common share and $0.1625>per Class B common share. The dividends will be payable on January 23, 2020>to shareholders of record at the close of business on January 2, 2020.
Item 9.01 Financial Statements and Exhibits
VILLAGE SUPER MARKET INC Exhibit
EX-99.1 2 vlgea-20191213exhibit991.htm EXHIBIT 99.1 Exhibit Exhibit 99.1VILLAGE SUPER MARKET,…
To view the full exhibit click here

About VILLAGE SUPER MARKET, INC. (NASDAQ:VLGEA)

Village Super Market, Inc. (Village) is engaged in retail sale of food and nonfood products. As of July 30, 2016, the Company operated a chain of 29 ShopRite supermarkets, 18 of which are located in northern New Jersey, eight in southern New Jersey, two in Maryland and one in northeastern Pennsylvania. The Company is a member of Wakefern Food Corporation (Wakefern), which is a retailer-owned food cooperative and owner of the ShopRite name. As of July 30, 2016, Wakefern operated 336 supermarkets and other retail formats, including 94 stores operated by Wakefern. The Company’s stores include the Village Food Garden concept, featuring a restaurant style kitchen and several kiosks offering a variety of store prepared specialty foods for both take-home and in-store dining. The Company offers a range of products, including groceries, dairy and frozen, produce, meats, non-foods, deli and prepared food, pharmacy, seafood, bakery and liquor.