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EX-99.1 - EX-99.1 - SONIC CORPd770632dex991.htm

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

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 7, 2014

 

 

SONIC CORP.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   0-18859   73-1371046

(State or other jurisdiction of

incorporation or organization)

  (Commission File Number)  

(I.R.S. Employer

Identification No.)

300 Johnny Bench Drive

Oklahoma City, Oklahoma

    73104
(Address of Principal Executive Offices)     (Zip Code)

(405) 225-5000

(Registrant’s telephone number, including area code)

Check the appropriate box below if the form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 8.01 Other Events

On August 7, 2014, the Company issued a press release announcing that its Board of Directors has approved the initiation of a quarterly cash dividend program and declared a cash dividend of $.09 per share of common stock payable on November 21, 2014 to shareholders of record as of the close of business on November 12, 2014. The press release also announced the Board’s approval of an increase and extension to the Company’s share repurchase program. The press release is attached as Exhibit 99.

 

Item 9.01 Financial Statements and Exhibits

 

  (d) Exhibits

 

  99 Press Release, dated August 7, 2014


SIGNATURE

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.

 

      REGISTRANT:
      SONIC CORP.
Date: August 7, 2014     By:   /s/ Stephen C. Vaughan
      Stephen C. Vaughan,
      Executive Vice President and Chief Financial Officer