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):
August 20, 1998
CELESTIAL SEASONINGS, INC.
(Exact name of registrant as specified in charter)
Delaware 0-22018 84-1097571
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
4600 Sleepytime Drive, Boulder, Colorado 80301-3292
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (303) 530-5300
Not Applicable
(Former name or former address, if changed since last report)
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Item 5. Other Events.
On August 20, 1998, the Registrant issued a press release announcing that the
Registrant's Board of Directors had declared a 100% common stock dividend
payable on September 25, 1998 to stockholders of record as of September 11,
1998. The press release is attached hereto as Exhibit 99.1 and incorporated
herein in its entirety by this reference.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits
Item Exhibit
99.1 Press Release issued by the Registrant on August 20, 1998.
* * * * *
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SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CELESTIAL SEASONINGS, INC.
(Registrant)
August 20, 1998
/s/Darrell F. Askey
Darrell F. Askey,
Vice President and Chief Financial Officer
<PAGE>
Exhibit 99.1
FOR IMMEDIATE RELEASE
CONTACT: Darrell F. Askey
Vice President - Finance
303-581-1224
CELESTIAL SEASONINGS DECLARES A
100% COMMON STOCK DIVIDEND
BOULDER, COLORADO -- (August 20, 1998) -- Celestial Seasonings (Nasdaq: CTEA)
announced today that its board of directors has declared a two-for-one stock
split in the form of a 100% common stock dividend. The dividend is payable on
September 25, 1998 to stockholders of record as of September 11, 1998. The
company has approximately 4,151,000 shares outstanding and will have
approximately 8,302,000 shares outstanding after the stock dividend.
Celestial Seasonings, Inc. is the largest manufacturer and marketer of
specialty hot teas in the United States. The company makes Sleepytime(R) -
America's favorite herb tea - and over 50 other unique blends, including Lemon
Zinger(R), Red Zinger(R), Strawberry Kiwi and Tension Tamer(R), that are
delicious hot or iced.
