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WINA > SEC Filings for WINA > Form 8-K on 4-Feb-2014All Recent SEC Filings

Show all filings for WINMARK CORP

Form 8-K for WINMARK CORP


4-Feb-2014

Regulation FD Disclosure, Other Events, Financial Statements and Exhibits


Item 7.01 Regulation FD Disclosure

On February 4, 2014, Winmark Corporation (the "Company") announced in a press release that its Board of Directors has approved the payment of a special cash dividend to its shareholders. The special dividend of $5.00 per share will be paid on March 3, 2014 to shareholders of record on the close of business on February 17, 2014. The total amount of the special dividend payment will be approximately $25.7 million based on the current number of shares outstanding. Future dividends will be subject to Board approval. It is anticipated that Winmark will use a combination of cash on hand as well as bank borrowings to finance the special dividend. A copy of the press release is attached as Exhibit 99.1 of this Current Report on Form 8-K.



Item 8.01 Other Events

On February 4, 2014, Winmark Corporation (the "Company") announced in a press release that its Board of Directors has approved the payment of a special cash dividend to its shareholders. The special dividend of $5.00 per share will be paid on March 3, 2014 to shareholders of record on the close of business on February 17, 2014. The total amount of the special dividend payment will be approximately $25.7 million based on the current number of shares outstanding. Future dividends will be subject to Board approval. It is anticipated that Winmark will use a combination of cash on hand as well as bank borrowings to finance the special dividend. A copy of the press release is attached as Exhibit 99.1 of this Current Report on Form 8-K.



Item 9.01 Financial Statements and Exhibits

(d) Exhibits

99.1 Press Release dated February 4, 2014


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