SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549-1004
FORM 8-K
Current Report Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
August 14, 2002
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(Date of Report (Date of Earliest Event Reported))
LA-Z-BOY INCORPORATED
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(Exact name of registrant as specified in its charter)
MICHIGAN 38-0751137
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
1284 North Telegraph Road, Monroe, Michigan 48162-3390
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(Address of principal executive offices) (Zip Code)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (734) 241-4414
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None
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Former name, former address and former fiscal year, if changed since last
report.
Item 5: Other Events
News Release
Contact: Mark Stegeman 734-241-4418 mark.stegeman@la-z-boy.com
LA-Z-BOY DIRECTORS DECLARE QUARTERLY DIVIDEND,
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AUTHORIZE SIX MILLION SHARE STOCK REPURCHASE
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MONROE, MI. Aug. 14, 2002 - Directors of La-Z-Boy Incorporated (NYSE,
PCX: LZB) today declared a quarterly cash dividend on the company's
common stock of $0.10 per share, the same rate paid in the prior quarter.
The current dividend is payable September 10, 2002 to shareholders of record
August 26, 2002.
The directors also authorized the repurchase of up to an additional 6 million
shares of the corporation's common stock at such times and prices deemed
opportune by corporate management. The previous 4 million share stock
repurchase authorization, approved by the directors in February 2002, still
has 1,860,000 shares remaining.
With annual sales in excess of $2 billion, La-Z-Boy Incorporated is one of
the world's leading residential furniture producers. The corporation's
various operating units produce furniture for every room of the home and
office, and the company is also a leading manufacturer of hospitality and
assisted-living contract furniture and specialized health care seating. The
La-Z-Boy Incorporated Upholstery Group family of companies includes Bauhaus,
Centurion, Clayton Marcus, England, HickoryMark, La-Z-Boy, La-Z-Boy Contract
Furniture Group and Sam Moore, while the Casegoods Group companies are
Alexvale, American Drew, American of Martinsville, Hammary, Kincaid, Lea and
Pennsylvania House.
Additional information about the company is available at www.la-z-boy.com,
and an e-mail service which provides notification of new news releases, SEC
filings and investor conference calls is available at
http://my.lazboy.com/mygallery/investor_relations.htm
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 thereunto duly authorized.
LA-Z-BOY INCORPORATED
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(Registrant)
Date August 14, 2002 /s/ Louis M. Riccio, Jr.
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Louis M. Riccio, Jr.
On behalf of the registrant and as
Chief Accounting Officer