SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): January 19, 2000
99(cents) ONLY STORES
(Exact Name of Registrant as Specified in Charter)
California 1-11735 2411605
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
4000 East Union Pacific Avenue
City of Commerce, CA 90023
(Address of Principal Executive Offices)
(323) 980-8145
(Registrant's Telephone Number)
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Item 5. OTHER EVENTS.
Reference is made to the press release of Registrant, issued on January 19,
2000, which contains information meeting the requirements of this Item 5, and
which is incorporated herein by this reference. A copy of this press release is
attached to this Form 8-K as Exhibit 99.1.
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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.
January 27, 2000 99(cents) ONLY STORES
By: /S/ ANDY FARINA
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Andy Farina
Chief Financial Officer
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EXHIBIT INDEX
EXHIBITS
99.1 News Release dated January 19, 2000
[LOGO OF 99(cents) ONLY STORES]
99(CENTS) ONLY STORES HAS DECLARED A 4-FOR-3 STOCK SPLIT, PAYABLE FEBRUARY
8, 2000 TO SHAREHOLDERS OF RECORD OF JANUARY 28, 2000.
CITY OF COMMERCE, CA (JANUARY 19, 2000) -- 99(cents) Only Stores (NYSE:NDN)
announced today that its board of directors declared a four-for-three stock
split on its common stock, payable on February 8, 2000 to shareholders of record
on January 28, 2000.
Prior to this dividend the Company had 25,076,091 shares of common stock
outstanding. The four-for-three stock split increases the number of shares
currently outstanding to approximately 33,451,505. If shareholders are
contemplating a sale they should consult their broker as to the effect of the
split shares and the resulting price. Fractional shares will be paid based on
the closing price on the shareholder of record date adjusted for the effect of
the split.
We are pleased to announce this stock split as part of our continuing
efforts to broaden our stock's marketability and liquidity.
99(cents) Only Stores(R), the nation's oldest existing one-price retailer,
operates 79 99(cents) Only Stores in Southern California and Nevada, a wholesale
division, Bargain Wholesale and through its Universal International subsidiary,
it operates 67 multi-price discount stores. The Company will open its 80th
99(cents) Only Stores tomorrow in Escondido, California.
99(cents) Only Stores(R) emphasizes name-brand consumables, priced at an
excellent value, in attractively merchandised stores.
Note to Editors: 99(cents) Only Stores(R) news releases and information
available on the World Wide Web at http://www.businesswire.com/cnn/ndn.htm or
via fax by calling 888/835-0099 toll free.
CONTACT: 99(cents) Only Stores(R), City of Commerce, California
Eric Schiffer, senior vice president-finance, 323/881-9912
"WHAT THE NEWCOMERS ARE JUST LEARNING, 99(CENTS) ONLY STORES(R) HAS BEEN
PERFECTING FOR OVER 15 YEARS!"
